---
title: "Seven warning signs — and two positives — for the market: BTIG’s Krinsky"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286680781.md"
description: "BTIG's Jonathan Krinsky warns of multiple warning signs in the stock market, noting a recent decline in the SPDR S&P 500 after a high RSI. He highlights concerns over semiconductor stocks and market breadth, with 70% of NYSE volume in declining stocks. However, he sees potential positives in value stocks and the software sector, which remains strong."
datetime: "2026-05-17T19:13:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286680781.md)
  - [en](https://longbridge.com/en/news/286680781.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286680781.md)
---

# Seven warning signs — and two positives — for the market: BTIG’s Krinsky

The stock market is flashing too many warning signs to ignore, according to BTIG technical strategist Jonathan Krinsky, though he sees a couple of areas that could encourage the bulls. Krinsky noted that the SPDR S&P 500 (SPY) had a daily RSI of 78 on Thursday before falling 1.2% on Friday. Since 2003, there have been only six prior instances when ...

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