Top Technical Shorts to consider

Key Takeaways

  • Monday’s follow-through decline has caused SPX to close at lowest since 3/24.
  • Technology remains under pressure, and still early to expect meaningful snapback.
  • TNX pushed up above last week’s highs, and still no meaningful evidence of a top.
US stocks seem to be following the technical playbook and might weaken further into early next week before finding some support just over 4400.  Semiconductor and Transportation shar...

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