Key trend lines are breaking one after another, and the technical breakdown of the U.S. stock market "Magnificent Seven" is accelerating.
The technical outlook for the "Magnificent 7" (MAG 7) of US tech stocks is collectively deteriorating, and the pace is accelerating. From breaking trend lines to fading momentum, several key heavyweight stocks have simultaneously fallen below critical support levels, and technical damage is compounding and self-reinforcing.
MAG 7