🚨 CLUSTER ALERT: Big Wave of Sell Signals in Global Markets
Markets are sending up red flags—and the last week has only added fuel to the fire.
European stocks led the way down, with the Stoxx 50 triggering a weekly reversal, just days after the broader Stoxx 600 did the same. These signals came before the announcement of the 15% European tariff deal, which only deepened the sense of uncertainty.
The broad European market is up 1% since Friday but this is something we often see following clusters of signals. We are currently seeing 59% of QScores (our momentum & trend score) on the medium term timeframe deteriorating in Europe with 66% of the scores currently positive.
Up until now, U.S. markets have remained resilient, shrugging off most bad news and grinding higher on falling volatility. We’d been warning that this “calm at the top” was unsustainable—with trading ranges tightening to just 2% daily, compared to the typical 6%.
Similarly the S&P 500 is up slightly at the start of the week but we remain cautious. 55% of the US names are deteriorating with 68% of the scores currently positive.
📉 What’s Happened So Far This Week
Friday's Trump tariff headlines broke the calm, triggering a wave of Q signals—a tool we use to detect trend exhaustion and possible reversals.
As of this week, we’ve seen a large cluster of 37 weekly Q signals across U.S., European, and Emerging Markets, with 27 of them confirming weekly reversals.
The S&P 500 has since dropped to key weekly support, having broken below its daily trend band.
Volatility has started to pick up, and we’re now seeing clear signs of momentum stalling in sectors that previously led the charge.
Risk appetite is fading—with very few buyers stepping in this time around.
This shift is important. Clustered Q signals are rare and powerful—they often mark critical turning points, especially when confirmed across multiple regions and sectors.