Daily Archives: July 7, 2025
Showing articles 1 - 1 (1 total)
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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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
