Wednesday’s market update highlights an aggressive selloff that drove U.S. indices toward 50-, 100-, and 200-day moving averages. Financials tested major price targets, small caps broke November highs before pulling back, and volatility surged across equities and currencies. The TSX-60 returned to a sell signal, signaling broader technical weakness.
Despite the volatility, gold held support and is trading higher pre-market, while energy inventories and Middle East developments could influence crude oil later in the day. Bitcoin, Ethereum, and crypto-related stocks remain on buy signals, but the emphasis remains on disciplined trading and timing in a rapidly shifting market environment.
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