The Market Just Pulled Back — Here’s Why

After a powerful multi-week rally, the market finally saw a sharp pullback during options expiration week. Tom explains why the reversal may have been more mechanical than fundamental, highlighting how “Max Pain” conditions and sentiment extremes often create short-term market swings. He also breaks down the semiconductor pullback, transport rebound, crude oil volatility, and the key support levels and relative strength signals he’s watching now.
This video originally premiered on May 21, 2026. Watch it on Tom's StockCharts TV page here.
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