June’s Split Screen: Rotation Beneath Calm Indexes

June opens on a split screen.

$SPY and $QQQ are green near record highs. $DIA and $IWM are red. Oil is ripping roughly 7% on Iran, VIXY is ticking up, while GLD and Bitcoin sell off.

The index level looks calm. Underneath, capital is rotating hardenergy bid, small caps lagging, and risk moving beneath the surface.

Source: https://x.com/RosannaInvests/status/2061495719266292190