Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 677.60

-1.3%

Feb 5 4:00 PM EST

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To: yard_man who wrote (222871)	2/4/2026 6:02:16 PM
From: Clam digger	Read Replies (1) of 222962

Great question! I really don’t follow that or trade it. Captain obvious would say it in a significant downtrend tied in with the tech space and I sure don’t see a lot of excitement there! Overall btc indicators are extremely bearish and looks to continue past next week in its current dt. Good news is ndx has found support at its 20 wk ema and if it can hold there maybe there is still life in that sector!! Really when you step back and look at this pb it’s been relatively orderly and primarily rotational but rotating into more defensive sectors… The Captain would say it could disintegrate into a more disorderly posture at the drop of a hat, or maybe I dare say a bomb!!

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