This Market Keeps Failing — Is Another Drop Coming?

Markets just failed again at a key level after the recent rebound, raising a bigger question about what’s ahead. Follow along as EarningsBeats’ Tom Bowley explains why repeated resistance rejections could signal more downside. After a sharp oversold rebound, markets pushed back to key resistance levels but failed to break through, despite repeated tests of the 20-day moving average. Tom explains why these failures matter and what they signal about the current trend. He also highlights sector rotation, relative strength in transports and energy, and why sentiment conditions suggest more choppy, frustrating action ahead, with the potential for another move lower. 👉🏻 Sign up for Tom's FREE Newsletter: https://earningsbeats.com/sc 00:00 - Welcome 03:14 - Major Indices Overview 05:39 - S&P 500 Sectors Overview CHARTS 08:13 - $SPX, $NDX, IWM, $MID 12:38 - $TRAN, IWF, IWD, XLK, XLY SENTIMENT 14:45 - Equity Only Put/Call $CPCE ACCUMULATION - DISTRIBUTION 16:55 - QQQ:SPY, XLY:XLP, IWM:QQQ INDUSTRY GROUPS RELATIVE 19:34 - Best & Worst Year-to-Date 👀 See what better financial charting can do for you! https://stockcharts.com/?utm_source=YouTube&utm_medium=Organicvideo&utm_campaign=TomBowley&utm_content=040226 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj @StockChartsTV @EarningsBeats #tombowley 👍🏻 FOLLOW US X - @StockCharts - https://x.com/stockcharts Facebook - https://www.facebook.com/stockchartsdotcom LinkedIn - https://www.linkedin.com/company/stockcharts.com-inc. ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.