Magnificent candle
MAG putting in the biggest down candle we can recall. Despite today’s puke, the MAG is still way above the 50 day, not to mention the 200 day.
Source: Refinitiv
Levered Mag 7 ETFs
Past 1 month levered ETF rebalance $9B, 100%tile. Don’t forget this flow is mechanical, and works both ways.