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New SPX Correction Signal! How Long Will It Last?

Joe Rabil of Rabil Stock Research breaks down a new SPX correction signal using the monthly Directional Lines (DI), showing why this pullback could take time to play out. He explains how DI lines influence the ADX slope and how this impacts shorter-term patterns. Joe also reveals a strong area in the commodity market defying the correction and highlights top stocks within that sector. Plus, he analyzes QQQ and IWM, covering their recent weakness, key resistance levels, and answers viewer symbol requests for the week!

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00:00 - Welcome!
00:45 - Lesson: DI Lines in S&P 500
07:19 - Invesco QQQ Trust (QQQ)
10:31 - Russell 2000 (IWM), US Nat. Gas (UNG)
13:27 - EQT, EXE, AR
15:15 - RRC, CTRA, ADMA
17:18 - BILI, CSCO, DY

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nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show.
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you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.

You should strongly consider seeking advice from your own investment advisor

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