Weekly MOTR Report (WMR): “Risk Gauge Abandons ‘Risk-On’ in all Timeframes.”

March 23rd, 2026
David Lundgren, CMT CFA

Highlights

  • The MOTR Risk Gauge continues to weaken across timeframes, signaling rising fragility and a cautious near‑term market outlook.
  • Tactical rally probable due to extreme oversold breadth, but not likely sufficient to improve broken structure.
  • Widespread weekly and monthly downtrends suggest any strength likely meets resistance before new lows.
  • Credit spreads, volatility, and high oil prices heighten downside risk toward developing Q2 Support Zone near S&P 6150.

"Risk Gauge Abandons 'Risk-On' in all Timeframes."

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