A Rebound and why the monthly charts still deserve a closer look.
Wendy Kirkland Market Watch Nov 9, 2026
After Thursday’s sharp selloff and Friday’s mixed recovery, the major indexes were bouncing back Monday morning. It’s encouraging to see some ground being regained, but the rebound hasn’t fully made up for Thursday’s losses.
Let’s take a step back to look at the monthly charts for the Nasdaq, Dow, and S&P 500. The main takeaway: a stronger day doesn’t necessarily mean the bigger trend has turned around. The monthly momentum signals still look cautious, so there’s more to watch before calling this a lasting recovery.
We also look at why Wendy is keeping trades shorter-term in this back-and-forth market rather than assuming a move will last.
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