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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (67638)11/5/2025 2:39:54 AM
From: Johnny Canuck  Respond to of 67924
 
Index Update Novembr 4 2025

SP500 pulling back to 20 day EMA. So far no short sell signal setup. There is a lot more damage happening below the hood though as a lot of high flyer so off harder than the indices so far. So far the MAG 8 holding up so far. No reason to panic, but honor your trailing stops. Time to tighten up stops on more speculative positions.



DOW also just stop at the 20 day EMA, so just avoiding sell signal setup. OBV on verge of breaking the up trend line.



DOW transport still lagging. Structural weakness still in DOW>



DOW utilities on short term sell signal. Down 5 consecutive days in a row. Watch to see if 50 day SMA holds or breaks. A break would indicate the AI power trade is risk off for now????



TLT trying to bounce but still on short term sell signal. Long bond traders think the increase in rates will be limited for now?????



USD now at 100 key level. Watch to see if a break above or downward.



QQQ also stopping short of 20 day EMA. No sell signal setup for now.



Russell 2000 going risk off in a big way as short term and intermediate sell signal setup triggered.



Financials still on short and intermediate sell signal.



Energy seeing some weakness, breaking down from middle of long term sideways channel.



Gold still on short term sell signal. A break of the current support level means no support to 50 day SMA.



Consumer discretionary still waiting.



A lot more damage happening under the hood than indicated by the indices. We have talked about running tight stop losses the last few weeks. as the risk has risen. Time to consider running stop loss in on the best of breed stocks . Don't let profits turn into losses. At least have stop loss on your trading shares.

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