3/4 Bearish. 900+ Selling. T2108 is Bearish. Primary Indicator is Bearish. 20% Weekly is Neutral. The market extended its downtrend on March 3, 2025, with heavy selling pressure across sectors. Expect continued downside pressure, with early bounce attempts likely fading. Avoid aggressive longs until stabilization, especially in tech and cyclicals. Look for entries between 11 AM – 12 PM EST, after initial volatility settles. Short pops into resistance with a stop of 2.5% below LOD. Scale out 80% near profit targets, then trail the remainder. With weak breadth and deteriorating economic conditions, this remains a sell-the-rip environment until we see stronger breadth improvement or macro catalysts shifting sentiment.
Viz: T3A, SS, FHP, FFM, ACE, ABC, CRT, SAV, TTT/TT, PLASTICS, OLC, 2LYNCH, DARVAS, SUGAR BABIES, IPO10, BUCKETS, EG100, BILL10, No Size, No FEE