Tuesday, March 4, 2025 - After a period of sustained selling, markets are attempting to stabilize near key moving averages, but the broader trend remains weak. The S&P 500 and Nasdaq bounced off the 200-day moving average, but without a confirmed shift in trend, lower highs and lower lows still dominate. Stocks like Tesla, which showed signs of a washout low, could offer short-term trading opportunities, but long-term conviction trades remain risky. Managing stops and focusing on short-term trends remains the best approach. Learn more about trading with proper risk management here.
