Technical Analysis of Stock Market | Near Term Risk

[@Blackridge.]

Thanks joseph👍

[@TheJoeHentgesBeyondtheChart]

No problem 👍

[@soloman747]

Good job Hentges.

[@TheJoeHentgesBeyondtheChart]

appreciate it.

[@kdsweaty6945]

As always. Some of the fjnest analysis out there. Thanks

[@TheJoeHentgesBeyondtheChart]

Much appreciated!

[@ask_why000]

@ 10:10 Question: So why are Wall Street pundits saying the Fed should lower rates if the issue of "higher rates" appears to be solving itself?

[@TheJoeHentgesBeyondtheChart]

good question. I personally believe that the market sets the direction and the Fed then goes moves in that direction.

[@williewest5574]

Joe, ima seeing time on market for homes increasing and investors/homeowners cutting prices as much as 30% in some markets, savings is nonexistent, consumer confidence sinking, auto sales down and unemployment edging up, looks like the complacency stage just before waterfall drop, maybe it edges up, but risk is too high for me.

[@TheJoeHentgesBeyondtheChart]

managing YOUR risk is absolutely the most important thing.

[@ibnfaqir9223]

The bears are a 1 year early. It's a 2026 story. That's the turning point. One more year of gains.

[@ren1018]

2026 is the bottom right?

[@TheJoeHentgesBeyondtheChart]

right now I'm looking for near term corrective price action but indeed this market could very well push higher into 2026. there is a convergence of many cycles occurring.

[@TheBaseCase]

I sure as hell hope not. I can’t take any more of this BS market manipulation.

[@viti8347]

Thanks Joe. Hang out for your pots every Sunday morning here in Australia.

[@viti8347]

Posts

[@TheJoeHentgesBeyondtheChart]

Thanks for watching from "Down Under". Appreciate it!

[@Amaloyz]

agree

[@timkrouse345]

Tech revolution. Tech is soaring but the rest of the economy (DOW-transports-small caps) lagging.

[@onurakaltin693]

Spy 600

[@TheJoeHentgesBeyondtheChart]

maybe in 2025

[@JamminJaminK]

d@mnit... This is not bearish. This is bullish. Overlay when that chart breaks down relative to the SPY. WHen it bottoms the market rallies HARD

[@TheJoeHentgesBeyondtheChart]

focus of the video is INDU, right now it's about halfway between the April lows and the May highs. We'll see how it resolves. the SPXEW looks very similar except that it didn't take out the March highs.

[@pyramidtrader1]

whole spx is driven by 1 stock. nvda. most narrow stock market i have ever seen.

[@TheJoeHentgesBeyondtheChart]

Indeed this is very extreme, accompanied by "Jensanity"