Compound Fractures

By Tim Knight of Slope Of Hope
Friday, January 16, 2026 2:20 AM EST

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels
 

Portions of the market are blasting higher without any care in the world. Two good examples are below: the Russell 2000 and the Dow Transports, respectively.
 


Even so, other portions of the market are showing subtle signs of prospective weakness. Take note of the major cash indexes below, each of which has fractured its medium-term ascending trendline.
 

Nasdaq Composite

Nasdaq 100

S&P 500

S&P 100

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