Licia Leslie

Hi Shoppers, Mr. Bessent at the US Treasury is trying his best to keep yields lower. This was our headline today: And he got what he wanted (albeit for the time being) with the 30 year yield rolling over. Look at that giant red candle today stopping right at my pitchfork support: Now, if the market shrugs this off, which I think it could, we will trade much lower. The QQQs are already giving us a warning. It did not trade its previous high when the S&P 500 made new all time highs.

⚠ Today's Signal YELLOW LIGHT I am going with yellow today as we have closed below our support which we are retesting that level from below. I think we will move sideways for a bit before we head lower to the median line. Signal by Licia Leslie GREEN: High probability of the market moving higher. YELLOW TODAY: Be cautious when making a directional trade. RED: High likelihood of the market dropping.

⚠ Today's Signal YELLOW LIGHT Our old support is now new resistance here. So far we have bounced off our second level of support. Watch for a close above this or below this level, $7726.25, for our next move. Signal by Licia Leslie GREEN: High probability of the market moving higher. YELLOW TODAY: Be cautious when making a directional trade. RED: High likelihood of the market dropping.