Published Jul 20, 2026, 11:30 AM ET · Updated 4 months ago · 1 source

Market is overvalued and a fundamental shift occurred last week

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Original Report

The market is currently overvalued, and a fundamental shift in market dynamics occurred last week, evidenced by the Nasdaq futures (NQ) breaking a long-watched support level on Thursday and Friday, which subsequently acted as resistance during the current morning's rally.