- Entry
- $7,411.98
- Now
- $7,489.72 +1.0%
- Target
- —
- Score
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We have seen a really aggressive de-leveraging and momentum unwind across the AI sector, and broader momentum names, yet the overall index, tracked mostly by US500 and ES, here, still remains relatively supported. We see that clearly from the dispersion index. https://preview.redd.it/uof13oj9mdeh1.png?width=1400&format=png&auto=webp&s=d4313a68cfe8031a5f07bb484345bbe7f73b89d4 The risk here is that correlations begin to spike higher, from multi year lows on COR1M, which would mean stocks start to move together rather than trading on an individual basis. If that were to occur, the recent …
— ORIGINAL POST ·
Thus far, there has been very high dispersion between the unwind in momentum and the overall index, which has remained relatively resolute. Is the index, then, about to roll over as well?
· r/swingtrading
· Jul 20, 2026