Asbury 6 Turns Negative as Macro Pressures, NDX & SOX Weigh Down Wall Street

John Kosar's Asbury 6 model has been negative since August 31, something that he believes flashes warnings signs for a bumpy market road ahead. He explains why difficulty for the market to discount uncertainty is adding to investor hesitancy. John also points to the rollover in the Nasdaq-100 (NDX) and PHLX Semiconductor Index (SOX) as key indicators of overall weakness.

Morning Trade Live

16 Sep 2026

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