Friday, May 30, 2025 10:48 AM EDT

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S&P 500 didn‘t reverse opening profit-taking of the great NVDA earnings gap during the second half of the session, there was no tech kicking back into high gear. Conversely – it took though still much time (tariff tweet China moment, precisely) for weakness to show up following the neutral picture with good potential to repair the technical damange done. I‘m talking about sharply deteriorating breadth (the situation vs. couple of days ago to today, is incomparable ) – today‘s packed video features thorough SPX breadth analysis together with consequences ahead.
Let‘s have a look at the little and very relevant preview shared with readers before low 5,890s was taken out briefly. Pay attention to dollar weakness too…

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Disclaimer: All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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