my take on this equity market is that it really depends on your geopolitical outlook and your expectations for what comes next in this Iran conflict... if you think that the Trump administration has this whole situation completely under control... then this is a terrific buy the

— Macro Voices

structure this week is like shouting from the rooftops, hey, this is bearish, right? Very, very bearish close there on that Friday session.

— Trade Brigade

we have a very cautious stance on the US stock market right now. We just raised our estimate on the probability of a recession happening in the next 6 months from 0% to 40% in the last few weeks.

— Bravos Research

we're stuck below the daily volume weighted average price. It's not bouncing at that prior low. It's not trapping shorts in there. We have a market that is in a bearish environment.

— Brian Shannon - Alpha Trends

talk about bearish structure and talk about bearish location. This week achieves both of those objectives for the sellers... it seems like a weekly trend reversal in the downward direction.

— Trade Brigade

I think it's you know it's more likely that this market is going to continue lower. We're seeing a lot of damage being done... it's just growing uglier and uglier as more stocks start breaking down, and we're losing leadership all over the place.

— Brian Shannon - Alpha Trends

the stock market, if you measure it by the index itself, looks way overvalued, but it's dominated by 10 stocks that are probably the most overvalued... I wouldn't be buying the S&P index today.

— FAST Graphs

We're just in the midpoint of the range. And I think it's just immediately back to this MF uh mentality... maximum flexibility in the midpoint of the range is right back to being the name of the game.

— Trade Brigade

we're stuck in ranges with not much uh you know, structurally changing. So, it's time to you know, continue to exercise patience, trade half risk units, and have lower expectations.

— Brian Shannon - Alpha Trends, at 0:30

maximum flexibility is really the name of the game... unless you actually get the break over the range high or underneath the range low, it doesn't make sense to have a directional bias here

— Trade Brigade

the daily chart of the S&P 500, we're still in the range, and that's the way it's been for the last couple months, and there's nothing here to suggest it's going to break the range in either direction.

— Brian Shannon - Alpha Trends

The S&P 500 is right in the middle of the same range it's been in now pretty much since October last year. This is a lot of potential energy that is being compressed in the market that we hope will release to kinetic energy to the upside. You do have a bearish divergence that is

— SpotGamma, at 1:30

it's still just a balanced range. And for that reason, we know that as and if we approach the top end of the balance, we will be looking for sales. And as and if we look to the bottom end of the balance, and if price trades there, we'll be looking for potential buys.

— Trade Brigade, at 1:00

it is constructive. It's not really quite bullish yet. This market's been kind of correcting through time rather than a you know, price pullback correction uh for the last two and a half months. So, uh, it continues to be constructive overall in a posit, you know, in an uptrend.

— Brian Shannon - Alpha Trends

it is constructive. It's not really quite bullish yet. This market's been kind of correcting through time rather than a you know, a price pullback correction uh for the last two and a half months. So, uh it continues to be constructive overall in a positive you know, in an uptren

— Brian Shannon - Alpha Trends

sellers have the edge structurally... we finally closed underneath that... things just don't look healthy

— Trade Brigade

I think it pays to be pretty cautious in here... we're getting ready for maybe bit of a flush lower... if it makes a lower high, then I think if it breaks down from there, then we're going to be in for bigger trouble

— Brian Shannon - Alpha Trends

this is a balance range... I am not going to overallocate here on the long side or just directionally try to lean into that uh literal direction in a more aggressive way... riskreward starts skewing to the downside rather than the upside

— Trade Brigade

although the S&P 500 itself does look overvalued right now, and historically, if you bought the S&P 500 at this level, performance over the next decade is likely not to be all that great

— Learn to Invest

I would not be overly biased in this market inside of this range... first take neutral to cautious, maybe a bit more optimistic here, simply noting that the sellers could not get the job done at the lows of the Thursday session.

— Trade Brigade