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SM Stock Market Method

Defensive Rotation Sends Tech Down 6.5%: What It Means for Monday

TL;DR

Defensive rotation, safe-haven spikes, and a Nasdaq selloff with serious volume behind it — here is what the technical signals are showing heading into Monday's open. Good morning and welcome to the pre-market breakdown for Monday, June 8th.

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“Defensive rotation, safe-haven spikes, and a Nasdaq selloff with serious volume behind it — here is what the technical signals are showing heading into Monday's open. Good morning and welcome to the pre-market breakdown for Monday, June 8th.”
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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm momentum, price action and structure and a key level before a setup qualifies as a trade.

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