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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski8/7/2025 7:12:37 AM
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kckip

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Mag7 were slow to take out their ATH made in December of last year. Last week they did it - only to begin a (so far) small correction. If you look at last week’s hourly chart, the drop off the top looks like a pretty convincing five-waver. The bounce is (so far) corrective, until proven otherwise.

Do the Magnificent ones still have it in them? We’ll find out. They need to take out last week’s high. It’s worth remembering that we’re not in the best part of the year for stocks.

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