This is officially. The stock market has become negative during the year. After the beginning of 2025 with a reliable rally, S&P 500, tracking SPDR S&P 500 ETF TRUST NYSEARCA: Spydecreased by 1.73%, and the NASDAQ-100s-saved InVesco QQq NASDAQ: QQQ From February 28, 2025, it decreased by 3.8% from the beginning of the year (YTD). ISHHARES US Technology ETF can track NYSEARCA: IYWWhich, as of February 28, 2025, decreased by 6.54%.
If the magnificent seven shares are attributed for great successes in 2024, then they can also be credited on the way down, which can be monitored using a roll Great seven ETF NASDAQ: MAGS decreased by 10.22% YTD as of February 28, 2025. However, the reference indices have just reached a critical level of support, which investors should know about.
S&P 500 decreased by 6% of the maximums
The S&P 500 index is considered as a de -factor Standard Basic Stock Market Index, representing the US stock market. The spy reached $ 613.23 on February 19, 2025 and stepped 6.07% on the next 12 trade days. At 11tour The day, he checked and bounced from the omnipotent 200-day sliding medium (blue line) at a price of $ 573.08.
On February 1, 2023, a golden cross occurred, when a 50-day sliding middle (orange line) intersected to a 200-day sliding average. This marks the breakthrough point and the subsequent ascending trend, which led to $ 46.6% from $ 418.31 to U.S. $ 613.23. During the rally, the spy checked and firmly bounced/about 200-day sliding average three times and the fourth time on February 28, 2025.
The big question is whether he considers this 200-day sliding average as support and bounces above, or if the floor becomes resistance in the fall. If a 50-day sliding average MA intersects to a 200-day sliding average, then this will form a breakdown known as the death cross. This will mark the end of the rising trend and begin the descending trend. This can be perceived as a bear; Nevertheless, it is also necessary in order to roll off the markets, before trying to relax before trying to break again.
Correction or bear? $ 551.91 or 490.58 dollars.
The spy retreated 6% from maximums. Correction is formed when the spy falls by 10% of its maximums, which There will be 551.91 dollarsThe bear market is formed when the spy falls by 20% or more from maximums, which There will be 490.58 dollars And remains from there at least 60 days. It was then that investors really begin to worry about a long sales of the market. If the spy bounces from the 200-day sliding average, it will need to rise above a 50-day sliding average in order to resume the ascending trend.
If the rebound rises to a 50-day sliding average and falls below the 200-day sliding average, then this is when the death cross can form. Going to Nasdaq 100.
NASDAQ-100 reflects S&P 500, mainly
The QQQ diagram reflects the spy for the most part. Nevertheless, the 200-day sliding average was checked only twice until the last test and rebound. This may be due to the exceptional force of the index, supported by magnificent seven promotions, heading the rally, driven by an artificial intelligence boom (AI).
As they say, “the more they are, the heavier they fall” in this case is used in this case, since QQq decreased by 8.8% compared to the maximum of $ 540.81. The magnificent seven shares consists of the following results with their result YTD as of February 28, 2025:
The Golden Cross, formed on March 13, 2023, which caused a breakthrough and the subsequent 79.6% rally to a peak of $ 540.81 in 1925. Following the steps of the spy, QQq also checked the 200-day sliding average at $ 491.79, and also retreated to $ 493.28.
Correction or bear? 486.73 US dollars or 432.65 dollars.
Hence the question is whether the 200-day sliding average on the floor will remain, and holds support, since QQQ will rise to a 50-day sliding average of 519.21 US dollars to resume the rising trend. Or will QQq retreat under a 200-day sliding average for correction 10% to $ 486.73 or 20% of sales, causing a bear market less than $ 432.65?
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