US stock indexes found renewed buying interest 2025 Q2, the three major markets giving us 3 different technical reads.
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This raises the question of if technical analysis is useful in this day and age of algorithm driven trade and investments.
More Top Stocks Daily: Go behind Wall Street’s hottest headlines with Barchart’s Active Investor newsletter. Is something as simple as the old Eyeball Test more valuable when fundamentals are hard to put a finger on?
As June came to an end, also marking the end of Q2 for the Financials sector, the three major US stock index were giving different long-term reads from a technical analysis point of view. How do we know which to go with? Additionally, the bigger question is if technical analysis even matters anymore? Did it ever? If we apply my Market Rule #6 that says, “Fundamentals win in the end”, what fundamentals drive not only US but global stock markets? It’s a lot to think about as we make our way to the next US holiday weekend. Let’s start with long-term monthly charts in general.
