The market's sideways trend since October 2025 is the main focus, with Jay Woods of Freedom Capital Markets offering technical analysis. Woods suggests inverting charts to check bullish biases and notes the S&P 500's coiling pattern between its 100-day and 200-day moving averages, anticipating a significant move. Despite strong fundamentals and earnings growth, Woods prioritizes technicals and remains largely on the sidelines, though he acknowledges opportunities for nimble traders. He also points out a concerning trend where traditional growth stocks are basing while sectors like utilities and staples lead, signaling a late bull market cycle. Woods advises blocking out market noise and focusing on price action, sharing his successful short-term trade in IGV as an example.
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