LIONS ALERT! THE AI/TECH SELLOFF HAS NOW BROKEN IMPORTANT TECHNICAL SUPPORT... AND THE MARKET IS NO LONGER JUST ROTATING, (IT IS BEGINNING TO DE-RISK).

Lions… Earlier, cash was largely rotating out of technology and into other parts of the market as we covered in our morning report. Now………….. QQQ has broken below key support around 726–727 and is trading near 712, while volatility has surged and the broader indexes are also under pressure.