IT'S SENTIMENT
You can find it in the numbers. It shows up in the differential between yesterday and today in the QQQ and PSQ at 2706 on the Nasdaq index.
Yesterday at that 2607 point, the PSQ hit touched it's 52 week low while the QQQ was a good bit from it's high. Today at 2607 they were sentimentally quite different due to the PSQ holders pure lack of bullishness.
Not correlating to yesterday's 2607 at all.