Tuesday, February 17, 2026

Tuesday 2/17/2026

 2/17/2026

Transports look like they a normal rebound completion right to the  50 bar moving average.


 The NDX led on the way up and  is leading on teh way down. It is far closer to its late November low than the other averages. So far  NDX is under the trend line from the late January high. 

An expert suggests the AI mania is building to a Hindenberg Moment. 


 Silver, is it forming a base for a rebound?  Could be

10-20 year bond Fund

Bonds and Utilties rallied on the stock sell off, looks about done


 

The striking thing is how little rally we have had since last week sell off.  the markets are rolling over it is just a matter of time until NDX  takes out the November low. 

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