Loading report...
In a critical 14-minute market update, the latest analysis from Money Making Market reveals a precarious technical setup across major indices. The breakdown in SPY has opened the door to significant downside risk, with a failure to reclaim a key hourly level potentially triggering a sharp decline reminiscent of past selloffs. QQQ and IWM are also flashing warning signs, with breached technical signals pointing to lower price targets. While the report acknowledges a potential short-squeeze scenario if macro headwinds like the oil crisis ease, it highlights that even a rally could be a trap, likely to retest current zones. The analysis details the specific bearish and bullish trade setups for navigating this volatile environment, where bubbles in AI, tech, and crypto show signs of stress...
A critical technical breakdown in SPY has opened the door to significant downside risk, with the 675 level now acting as a major line in the sand for bulls. The analysis warns that a failure to reclaim this level on the hourly chart could trigger a sharp selloff.
The report outlines clear trade setups: a bearish entry on the next two-hour bounce, or a bullish play only upon a confirmed reclaim of key resistance. It also examines the potential for a powerful short squeeze if macro pressures, like the ongoing oil crisis, suddenly abate.
Warning signs are not isolated to SPY. QQQ faces a test of the 521.11 level, while IWM has breached its first divergence point. The broader market environment is fragile, with noted bubbles in AI, tech, autos, real estate, and crypto beginning to show cracks.
Subscribe to FlowCo Pro for full analysis reports and precise price targets.
View Full AnalysisLoading report...