Technical analysis on the stock chart for CIEN.

The USD Index, silver, and gold are sitting at major technical crossroads. Today’s price action could define the next few days, if not weeks.

Amid the ups and downs of the past year including the "tariff crash" in April, the U.S. stock market has still posted a double-digit total return since last Thanksgiving.

Retailers launched holiday promotions earlier this year, but discounting remains more restrained, with the lowest markdown levels since pre-pandemic times.