This Market Keeps Failing — Is Another Drop Coming?

After a sharp oversold rebound, markets pushed back to key resistance levels but failed to break through, despite repeated tests of the 20-day moving average. Tom explains why these failures matter and what they signal about the current trend. He also highlights sector rotation, relative strength in transports and energy, and why sentiment conditions suggest more choppy, frustrating action ahead, with the potential for another move lower.
This video originally premiered on April 2, 2026. Watch it on Tom's StockCharts TV page here.
Missed a session? Archived videos from Tom are available at this link.