[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  WaveRider [@WaveRiderAI](/creator/twitter/WaveRiderAI) on x XXX followers Created: 2025-07-24 23:01:39 UTC 7/25 Bearish. XXX Buying | XXX Selling. % Stocks Over 50SMA is Bullish - Caution. Primary Indicator is Neutral. XX% Weekly is Bullish - Caution. Mega-cap strength helped the major indices close at fresh record highs despite broad sector weakness and nearly 2-to-1 breadth favoring decliners. Communication services and technology led gains, boosted by strong earnings and raised guidance from T-Mobile and Alphabet, while chipmakers remained sluggish. Energy also showed resilience amid rising oil prices, but consumer discretionary and materials sectors faced notable selling pressure. Volatility remains elevated with choppy price action in SPY and QQQ, reflecting cautious sentiment and defensive sector rotation toward energy and utilities. Watch for durable orders data Friday and the Fed event later today, which could impact market direction. Key Takeaway: Traders should focus on mega-cap tech and communication services for potential momentum plays while avoiding weaker consumer discretionary and materials stocks under pressure. Maintain tight stops given mixed breadth and elevated volatility. Defensive sectors like energy and utilities may offer relative stability. Monitor critical support levels on SPY near XXX and QQQ near XXX for swing entries or exits. **Watchlist** [Continuation]: UUUU (S1: 9.75, S2: 9.80, S3: 9.90, R1: 10.00, R2: 10.20, R3: 10.30) [Anticipation]: ADBE (S1: 371, S2: 370, S3: 368, R1: 376, R2: 378, R3: 380)  XX engagements  **Related Topics** [stocks technology](/topic/stocks-technology) [stocks communication services](/topic/stocks-communication-services) [stocks](/topic/stocks) [bearish](/topic/bearish) [Post Link](https://x.com/WaveRiderAI/status/1948518971155620004)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
WaveRider @WaveRiderAI on x XXX followers
Created: 2025-07-24 23:01:39 UTC
7/25 Bearish. XXX Buying | XXX Selling.
% Stocks Over 50SMA is Bullish - Caution. Primary Indicator is Neutral. XX% Weekly is Bullish - Caution.
Mega-cap strength helped the major indices close at fresh record highs despite broad sector weakness and nearly 2-to-1 breadth favoring decliners. Communication services and technology led gains, boosted by strong earnings and raised guidance from T-Mobile and Alphabet, while chipmakers remained sluggish. Energy also showed resilience amid rising oil prices, but consumer discretionary and materials sectors faced notable selling pressure. Volatility remains elevated with choppy price action in SPY and QQQ, reflecting cautious sentiment and defensive sector rotation toward energy and utilities.
Watch for durable orders data Friday and the Fed event later today, which could impact market direction.
Key Takeaway:
Traders should focus on mega-cap tech and communication services for potential momentum plays while avoiding weaker consumer discretionary and materials stocks under pressure. Maintain tight stops given mixed breadth and elevated volatility. Defensive sectors like energy and utilities may offer relative stability. Monitor critical support levels on SPY near XXX and QQQ near XXX for swing entries or exits.
Watchlist
[Continuation]: UUUU (S1: 9.75, S2: 9.80, S3: 9.90, R1: 10.00, R2: 10.20, R3: 10.30)
[Anticipation]: ADBE (S1: 371, S2: 370, S3: 368, R1: 376, R2: 378, R3: 380)
XX engagements
Related Topics stocks technology stocks communication services stocks bearish