Weekly Deep Dive Update: Market Charts & Volatility for June 9, 2025 – S&P 500, VIX, Sector & More!

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The Weekly Deep Dive Update into market charts, prepared for Monday, June 9, 2025, focusing on charts from daily videos and additional informational ones.
Key points:
VIX Analysis: The long-term VIX (market volatility) is below 20 (50-period EMA), indicating a positive longer-term range. Momentum (RSI) is down, and MACD is sideways. VIX hasn't crossed above 20 on the daily chart, suggesting some stability.
VIX Correlations: Low correlation between VIX and S&P 500, no concern yet. VVIX (VIX volatility) declining, positive. Skew Index (out-of-money options) neutral, no significant insight.
Other Volatility Measures: Ulcer Index below its moving average on daily charts, sideways. Stock vs. bond volatility declining, positive as stocks rise.
Market Performance: S&P 500 up 71.7% from October 2022 low, 46.22% from October 2023, and 24.1% from April 7, 2025 low. Above 200-day SMA, but in a downtrend (50-day below 200-day). Currently 3.52% above 200-day SMA.
Advance-Decline Lines: S&P and NYSE advance-decline lines (price and volume) are sideways but positive, no breakout or breakdown.
Sector Ratios:
Discretionary vs. staples: Sideways, equal-weight version slightly improving.
Tech (growth) vs. utilities (value): Improving but no breakout.
Biotech vs. healthcare: Showing improvement.
Hotels vs. utilities: No breakout, mixed signals.
Bellwethers: Semiconductors, homebuilders, transportation sideways. Retail breaking out, regional banks flat.
Growth vs. Value: Growth (tech) outperforming value (positive). Momentum stocks losing ground as broader market improves.
Index Rankings: QQQs (growth) lead at 73.1, followed by NASDAQ, S&P 500 (62.9), Dow (30.1), mid-caps (14.8), small-caps (13.2, improving).
Short-Term Trends: Rainbow moving averages (10-50 periods) and advance-decline ratios show improving short-term trends.
Intermediate/Long-Term Trends: 50-250 period moving averages turning up, positive. Bollinger Bands narrow, suggesting potential for a big move. Special K oscillator negative on daily, positive on weekly.
Global Markets: German DAX near all-time highs, outperforming U.S. stocks.
Ichimoku Cloud: S&P above cloud, positive, with short- and long-term lines trending up.
Fibonacci: S&P broke above resistance, gapped higher on U.S.-China trade news, closed at 6,000 on Friday after a better-than-expected employment report.
Broad Market:
VXN (NASDAQ volatility) neutral.
Growth (QQQs) outperforming value (Dow).
Transports lagging, banks in downtrend but stable under its 200 SMA.
Retail improving, above 200-day SMA.
Energy vs. bonds sideways, no conviction.
Gold vs. S&P declining, S&P outperforming.
U.S. vs. international stocks sideways, emerging markets underperforming developed markets.
Bonds/Yield Curves: 2-year Treasury yields declining, positive. 2-year vs. 10-year and 10-year vs. 3-month yield curves not inverted. TIPS vs. bonds declining, suggesting low inflation fears.
Correlations: S&P vs. long-term bonds weakening. QQQs and bonds moving inversely, normal for growth stocks.
Market Breadth: Over 50% of S&P 500 stocks above 50- and 200-day SMAs, positive but not extreme. Small-caps recently crossed above 50.
Overall, the market shows improving short- and intermediate-term trends, with growth outperforming value, but small-caps and some sectors are lagging. Volatility is lower, and global markets (e.g., Germany) are stronger than the U.S., which is recovering but hasn’t hit new highs.

PDF of Slides: https://drive.google.com/file/d/1Qr-C8lYYvr_8nOssIW2gPlGGQluwuGJa/view?usp=sharing

DISCLAIMER This video is for entertainment purposes only. I am not a financial adviser, and you should do your own research and go through your own thought process before investing in a position. Trading is risky!