Risk: This Is Never Fun (Yellow/Red)

Now comes the hard part of a signal change. Waiting for the funds to really take action.

The bond market is finally taking a breather this morning, helping stocks find their footing after three days of losses.

Treasury yields are easing from three-month highs as traders digest a complex mix of strong economic data, election jitters, and fiscal concerns.

Tesla's blowout forecast is lighting a fire under tech stocks, but with mortgage rates soaring and our momentum signals flashing yellow and red, the market's resilience faces another crucial test. 5,800 is your SIGNAL line. Short-term rallies off that figure are expected for now. This is where we climb what is known as the Wall of Worry - expect a lot of crowding activity and short-covering.

While today's bounce might tempt the bulls, history suggests that these relief rallies often set up a stair-step pattern lower—sharp pops followed by renewed selling. We've seen this time and time again. Stick with our momentum signal to ensure this isn't just a head fake before the next leg down.

Insider Buying: 

• Ratio of Buys to Sells…