In this week’s market breakdown (you get this breakdown weekly with a paid subscription to Adam Mesh Live), Christian shares some interesting divergences.
CMT, Christian Tharp, says he’d not be surprised if we see some pullbacks leading into the election next week.
Nasdaq outperformed everything last week as we saw the NYSE and Dow pullback.
However, he feels we should be able to ‘pull up our skirts’ and get back to this bull market leading into December’s Santa rally and 1Q 2025.
In today’s market breakdown, he looks at the major indices for what they could do next.
Watch this 7-minute breakdown where Christian’s discussing:
- A warning divergence Christian spotted
- What momentum is there to be found in this market?
- Should you be worried in this market?
- Check out what the VIX is doing compared to the 2007 crisis
More from Christian:
Christian Tharp is one of only 3,500 Chartered Market Technicians (CMT) in the world.
His bread and butter is using technical analysis to find fast…
I mean lightning fast moves on options.
Some of his trades in his services open on Thursday and close on Friday morning.
Like recently:
In June:
- Closed a 100% winner on CRM in 1 day
- Closed a 300% winner on MU in 1 day
- Closed a 500% winner on ALAB in 1 day
In July:
- Banked a 500% winner on HD in 1 day
- Landed a 200% winner on TSLA in 1 day
He uses his 1-day options strategy for these plays. Click here to get his free presentation on how to make these trades yourself.