A Back-and-Forth Market as the Week Begins
Wendy Kirkland Market Update July 6, 2026
In this update, Wendy takes a closer look at the shifting tone across the major indexes after the holiday weekend. Friday’s session showed the Dow moving higher while the NASDAQ, S&P, and Russell struggled or hovered near the zero line. Today, the action has flipped, with technology and growth names showing renewed strength while the market continues to work through a back-and-forth pattern.
Wendy also reviews the monthly charts, including the S&P holding near R2, the Dow continuing to build after lagging behind, and the NASDAQ testing whether its recent pause may turn back into strength. With quick swings in both directions, she explains why many traders are watching shorter time frames more closely.
Watch the full video for Wendy’s chart-by-chart breakdown and her perspective on what these market moves may mean as the week gets underway.