HomeMarketsVolatilityAsbury 6 Points to SPX Support Weakening, VIX Spurring Nervousness
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Asbury 6 Points to SPX Support Weakening, VIX Spurring Nervousness

Asbury 6 Points to SPX Support Weakening, VIX Spurring Nervousness

It's "déjà vu" in the Asbury 6, according to John Kosar, pointing to three of the six gauges sitting in negative territory. John notes the weakness in market breadth pins too much pressure on Big Tech, which could signal a slide to the downside in the SPX. Volatility climbing higher also shows nervousness in the market, despite investors anticipating a Santa Claus rally.

Morning Trade Live

18 Dec 2024

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