A2A: technical rebound near double bottom, decline still intact
At week 6 of the sell signal on A2A S.p.A., the stock bounces in the 2.2 area after 3 consecutive declining weeks. Flow remains in distribution, CMF worsens: the decline holds, but the technical rebound deserves close attention.
Defensives and banks lead: rotation rewards the laggards as tech pauses
In the US, defensives and real estate gain ground while technology gives back 2%; in Europe luxury soars above 6% and banks hold firm. A week of broad rotation rather than concentrated leadership.
S&P 500 hugging its highs: the uptrend holds, but momentum is cooling
The weekly bullish signal on the S&P 500 is in its ninth week, with the index trading just below its record high. The technical structure holds, but Signal Strength drops to 7 out of 100 and two of the three profit-taking areas have been reached: a mature picture, not a reversal.
Nasdaq 100, the rally holds but the engine loses some pace
The bullish signal on the Nasdaq 100 is in its eighth week, with the index under 4 points from its all-time high. The structure holds on every front, but Strength cools to 38 out of 100 and price action shows the first cracks: a maturing rally, not a reversal.
FTSE MIB hugging its record: full structure, spent Strength and a fully travelled roadmap
The FTSE MIB has been in BUY for 9 weeks and trades a breath away from its record high, with four aligned averages and price above the cloud. Yet Signal Strength has fallen to 0 and all three profit-taking areas are already cleared: a mature picture, not a reversal.
Russell 2000 hugging its high, yet the engine behind the rally loses momentum
The weekly bullish signal on the Russell 2000 is in its 9th week, with the index trading less than 1 point from its all-time high. The technical structure is full, but Signal Strength recalibrates to 38 out of 100 and two of the three profit-taking areas have already been reached.