1/2 Bearish. 140 Buying | 175 Selling.
% Stocks Over 50SMA is Bearish. Primary Indicator is Bearish. 20% Weekly is Bearish.
The market closed 2025 on a subdued note with broad distribution, as major indexes drifted lower amid low volume and lack of fresh catalysts, signaling near-term downside pressure.
All 11 S&P 500 sectors finished lower, led by Real Estate and Materials, while Technology lagged late despite chip production optimism; defensive sectors showed relative resilience. VXX volatility spiked then moderated, confirming a cautious risk environment.
Markets will be closed tomorrow for New Year’s Day, with no major economic data or earnings catalysts expected immediately after the holiday.
Key Takeaway:
Swing traders should remain cautious and avoid chasing longs as broad selling pressure persists with weak breadth and declining volume. Focus on defensive or steady accumulation stocks showing late-day strength like CNTB and DBRG, while avoiding heavily sold speculative tech and miners. Use tight stops and watch key support levels for potential short-term bounces.
Watchlist
Continuation: CNTB (S1: 2.75, S2: 2.70, S3: 2.65, R1: 2.80, R2: 2.85, R3: 3.00)
Anticipation: TSLQ (S1: 18.00, S2: 17.90, S3: 17.75, R1: 18.20, R2: 18.40, R3: 18.80)