Nasdaq posts record closing high with tech gains, rate cut optimism
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Raymond James: 'A new short-term (1-3 week) corrective phase is underway'
August 11, 2025 7:52 AM EDTRaymond James: 'A new short-term (1-3 week) corrective phase is underway'
The analyst comments "What Is Happening: A new short-term (1-3 week) corrective phase is underway as new daily mechanical sell signals remain in place on the S&P 500, Nasdaq 100, and Russell 2000 (see red circles, top panel, Exhibits 6, 10, and 12). Our View: Four developing technical negatives suggest... More
