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← @reddogt3

$MU

BEARISH2026-06-23
Price around the call
↓ 2026-06-23
By horizon✓ hit-12.9%
1d
✗ +15.6%
5d
✓ -3.3%
21d
✓ -12.9%
Original post
Scott Redler · 2026-06-23

📺 THE CHARTS DIDN'T SUPPORT BEARS YESTERDAY — WHAT CHANGED? + $MU WARNING + $TSLA WORTH WATCHING? + $SPCX NEW SETUP Yesterday's charts didn't support a bearish thesis, but that has changed. The market had been flashing subtle warning signs for days. Most stocks were already trading below their 8- and 21-day moving averages; software names had been deteriorating for weeks; big-cap tech names like $AMZN were below their 200-day moving average; and leadership had narrowed dramatically. The indexes still looked okay on the surface, but underneath, breadth was weakening, and very few stocks were acting well. * Then came the technical triggers. Both $SPY and $QQQ pushed above prior highs and failed to hold them, creating classic Red Dog Reversal sell signals. The market also broke low

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