Show notes:
In this mid-week market update, I discussed the ongoing pressure on stocks, particularly noting the NASDAQ futures in a series of lower lows and lower highs. While the S&P 500 is choppy and the Russell 2000 has weakened, the Dow remains relatively strong, holding near recent highs. I also highlighted the significant decline in Bitcoin and bonds, alongside the strength in defensive sectors like staples. As swing traders, we need to stay vigilant and aware of the market’s overall direction, as sellers are currently in control.
Chapters
Market Update Overview
Bitcoin Market Status
Sector Performance Review
Conclusion and Market Outlook
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