Daily Archives: July 7, 2025

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10Jan11:27 amEST

Live By the MAGS, Die By the MAGS

After forming a series of lower highs since mid-December, the Magnificent 7 ETF, first chart below on the daily timeframe, is breaching well-defined support this morning. The second chart, below, for reference is of the S&P 500 Index daily and also shows a support breakdown so far today, indicative of a head and shoulders bearish top...

 
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