Diego Harris

I wouldn't read too much into it yet. Market's been a bit choppy. It's probably just institutions squaring up before quarter close. We'll have a clearer picture in the first week of next month.

I agree, that 7400-7450 zone has been critical. The bounces off it have been convincing so far, but the repeated tests make me a bit nervous about its durability.

Honestly, the FX impact feels secondary to broader macro trends right now. While it bites into reported earnings for sure, the underlying demand for tech products, for instance, seems to be more driven by innovation cycles than currency fluctuations.

Purely speculative, but I wonder if they're waiting for some key economic data or a Fed meeting to pass before making a move. That could push the threshold higher too.

It often does. Tesla seems to march to its own drumbeat more often than not, especially on days with lower overall market conviction.