7/5/2026 The Comprehensive Investors Market Update

Spread the Wealth:Join our referral program and earn a free year with Retire By Investing! Share your unique referral link or use the ‘Share’ button on any post to invite friends. Here’s what you can earn:* 5 Referrals: Get a 1-month complimentary subscription ($20 Value)* 10 Referrals: Enjoy a 3-month complimentary subscription ($60 Value)* 15 Referrals: Secure a 12-month complimentary subscription ($200 Value)What’s New:This was AI-Generated from the video.SPY/RSPSPY is above all moving averages but forming a lower high — a downward trending line is developing. Market is flat with no clear direction. Range-bound conditions favor pullback buyers only. Breakout strategies will get chopped up here. Cash is a valid position until direction becomes clear.RSP being held up by biotech and banking. XBI is extended and the risk-reward on new entries is poor. Banking stocks in the mix but they move around 2% daily — not enough to move the needle meaningfully.QQQ/QQQEQQQ trending line is not ideal. Positioning aggressively here risks getting caught in a sharp gap down. No action until price breaks above the recent high. Still a bull market — just not the right environment to be pressing.QQQE above moving averages with the 50 SMA curling up. Bull market structure intact. A pullback to the 50 SMA would be healthy and reset the chart for better momentum going forward.MDY/IWMMDY near all-time highs but hitting resistance. Two weeks of sideways action. No clear break yet — nothing to do until resistance gives way.IWM same picture. Resistance overhead. A break above opens the door for small caps to run. Watching and waiting.VIXAt the 16 level bouncing off support. Low volatility but the market chop makes it a difficult environment regardless. VIX staying low is good for those playing biotech strength but the broader market needs direction first. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit retirebyinvesting.substack.com/subscribe