"Melt-up to fresh highs"

Forget Fordow

While the Middle East situation and the oil complex takes up the absolute majority of attention right now, one much bigger sector (in terms of market cap) is quietly marching on higher and higher.

The AI basket has had its RSI (14 day) sitting >70 for the last several weeks. And zooming out on broader NASDAQ seasonality, the big bull usually starts in July. Let's have a look at the gift that keeps on giving: AI.