The stock market finished lower again, confirming that "Turnaround Tuesday" is a thing of the past. While some intraday bounces occurred, they failed to break the dominant pattern of lower highs and lower lows, with price action remaining below key moving averages. The Russell 2000 remains weak, semiconductor stocks are testing the lower end of their range, and energy stocks continue to struggle. Tesla (TSLA) attempted to stabilize but lacked buyer commitment, reinforcing the broader downtrend. Until there is clear evidence of buyers regaining control, traders should prioritize patience, discipline, and avoiding premature dip-buying.
Keywords: stock market downtrend, Tesla stock analysis, semiconductor stocks, Russell 2000 weakness, energy sector decline, declining moving averages, trading strategy, risk management in trading
