Technical Turning Point: Buy the Dip or Further to Fall?

The video discusses the recent NASDAQ correction driven by rising treasury yields. It explores technical analysis insights, highlighting the S&P 500's movement below its 100-day moving average and potential buy signals. The video also examines small caps like the Russell 2000, noting their resistance levels and potential market impact if these levels are breached.

What role does technical analysis play in the current market situation?

What could happen if the market breaks below the long-term resistance level?