Closing out June, there is a Hangman candle on the monthly level.
This is a bearish signal. Not a guarantee, but we could see a correction soon based on this monthly closing.
Martin Armstrong also noted this market is getting tired.
Not predicting a crash. Just a warning.
$SPY $QQQ Looks like we have a monthly hangman on both the S&P and Nasdaq. Looks like a good probability we will get a correction from here.
— (@cor1) June 30, 2026