Rob's "Hot" Technical Take on today's equity sell-off. More "rotation" than "topping"

Question 1:

Answer 1:

I think its a healthy pullback in growth that could result in a very choppy range bound SPX through August into September that should take some of the heat out from under growth.  Ugly growth day with AAPL down 5% breaking below its 15 and 20 dma's for the first time since the March lows.  TSLA reversed after being up 5% along with other momentum names.  Even the golds were hit, notably the Juniors despite gold being up.So it seemed like a momentum u...

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