Loading report...
In a new 13-minute analysis, Stocks with Josh delivers a stark warning for the S&P 500, arguing that the market is in a clear downtrend fueled by fear, uncertainty, and doubt from the Fed. The report identifies a critical technical target for the SPY, suggesting a significant drop from current levels is the path of least resistance. Beyond the macro view, the video dives into specific breakdowns for major tech names, including NVDA and META, pinpointing the precise technical structures that signal their next major moves. The analysis also decodes the latest FOMC signals, revealing a divided committee and a key risk that could keep inflation—and rates—higher for longer. For traders looking to navigate this volatile environment, the full report contains the exact price levels, confirmation signals, and strategic entry points that are being monitored...
The latest technical and macro analysis paints a bearish picture for the S&P 500, with a clear target identified for the next major leg down. Market fear, driven by Fed commentary on geopolitical uncertainty, is seen as the primary catalyst for continued selling pressure.
Key trading setups are highlighted for major tech stocks. NVDA is analyzed within a precise descending structure, with a break below a key level potentially triggering a sharp move lower. Similarly, META is tracked within a bearish channel, with a confirmed breakdown pointing to a specific, much lower target zone that is being watched for a potential long entry.
The FOMC's latest dot plot reveals a committee divided on the path for interest rates, with 12 officials leaning toward cuts. However, the overriding message emphasizes that no cuts will come until inflation is convincingly tamed, with rising oil prices cited as a persistent threat that could delay any policy pivot.
Subscribe to FlowCo Pro for full analysis reports and precise price targets.
View Full AnalysisLoading report...