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Technical Tuesday: SPX Weakness, CRWV "Dicey" & RDDT Bear Flag Test

Technical Tuesday: SPX Weakness, CRWV "Dicey" & RDDT Bear Flag Test

Schwab Network · Schwab Network

October 7, 20256m 15s

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Show Notes

Kevin Horner with Charles Schwab highlights a scenario where the SPX can retreat to 6,500 if technicals can't hold the line. CoreWeave (CRWV) tested the 20-day SMA and bounced off the metric, though Kevin warns a slip below that can make short-term trading "dicey." He later points out Reddit's (RDDT) shooting star pattern that led to mass selling action, adding that it can slide another 20% from current levels if it fails a bear flag test.


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