Neutral/Negative Catalysts
- No fresh news catalysts this week: absence of headlines can reduce urgency/volume follow-through after the recent pop.
- MACD still below zero: despite improvement, trend confirmation is not fully bullish yet.
- Elevated implied volatility: IV is high relative to realized volatility, implying the market expects larger swings; this can coincide with choppier price action.
- Thin options volume today: limits confidence in near-term sentiment confirmation from the options market.