MarketPlays: Wall Street is watching the next market move

, , and futures are in focus as investors weigh market momentum, economic data, and expectations for the Fed.

With stocks near elevated levels, traders are watching to see whether buyers can keep the rally going or if another pullback is coming.

Do you think the market is ready for another leg higher?

Could be, but with valuations already stretched, I’d expect any further leg higher to be much more dependent on economic data and Fed expectations.

it's definitely a waiting game right now. i've been curious about Nvidia and whether their growth can actually sustain this market rally.