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SM Stock Market Method

Why Intel Surged 11% While Amazon Fell on the Same Tech Rally Day

TL;DR

Massive rotation into tech and cyclicals, gold trading at 11x normal volume on a tiny price move — Monday's session had some unusual signals worth understanding. Monday's close had some real divergence under the hood — Amazon slipped while Intel and Micron Technology surged double digits, making this a session worth breaking down.

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“Massive rotation into tech and cyclicals, gold trading at 11x normal volume on a tiny price move — Monday's session had some unusual signals worth understanding. Monday's close had some real divergence under the hood — Amazon slipped while Intel and Micron Technology surged double digits, making this a session worth breaking down.”
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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a key level, momentum and price action and structure before a setup qualifies as a trade.

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