The market still looks constructive on the bigger timeframes, but short-term momentum is starting to cool. In this video, I break down why the S&P and Nasdaq may have room for more downside without fully breaking the larger bullish trend, and why the first negative MACD shifts since March could point to a choppier, more day-trader-focused environment.
I also walk through the rotation showing up in real estate, financials, and healthcare, while big tech names like TSM, Broadcom, Apple, and Tesla take a breather. For now, my message is simple: the bigger trend is still intact, but patience matters. The next clean swing opportunities may need a little more time to set up.
Check out my YouTube video to learn more!
Stay Focused,
Taylor Horton
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