My new weekly article, "Technical Analysis Weekly" made its debut this afternoon! Read here weekly: schwab.com/learn/story/techn… Going forward, this weekly article will be published mid-morning on Monday's on Schwab.com Truly a dream of many years that has come true! 🙌 Thank you Lord and thank you @SchwabResearch 🩵

Today I joined @sam_vadas on @SchwabNetwork to give a run-down of the technicals on the S&P 500 and the Russell 2000. These and others are published in my brand new "Technical Analysis Weekly" article here every Monday: schwab.com/learn/story/techn… *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security

#ConsumerStaples has enjoyed a strong advance, but trend and momentum appear to be easing as the sector approaches potential resistance near the upper end of a nearly 7-month range. *Technical patterns are subject to failure *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

Chart of the day: Downside momentum in #Technology relative to #SPX appears to be losing steam after a period of relative weakness *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

Chart of the day: #Discretionary The more times a trendline is tested, the more closely technicians may monitor that level if it is ultimately broken. Following a failed breakdown near yearly lows, the #ConsumerDiscretionary sector relative to #SPX appears to have broken above a year-long descending trendline, a development technicians may view as a potential improvement in relative strength. Technicians may keep a close watch on this group, as periods of absolute outperformance are often preceded by improving relative strength. *Past performance is no guarantee of future results *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

I joined @SchwabNetwork today to discuss the technicals in #SPX as well as #Financials stocks #MA #BLK schwabnetwork.com/video/char… *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security

Chart of the day: $MoveIndex and $VIX The 3-month rolling correlation between $MOVE Index (bond market volatility) and $VIX (equity market volatility) is beginning to revert from an uncorrelated extreme. Market participants may be watching #VIX closely as the relationship between #VIX and #MOVE appears to be showing early signs of convergence. *Past performance is no guarantee of future results *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

These pumpkins are almost bigger than me!!! Enjoying my fav season 😊🍁🎃

Chart of the day: #Russell1000 #Growth vs #Value #Growth relative to #Value appears to be testing a potentially important support zone that has been monitored over the past several years and aligns with prior cycle highs. Since 2024, this polarity zone has coincided with periods where relative performance stabilized before improving in favor of growth. However, past performance is no guarantee of future results. This relative relationship also appears to be forming a potential multi-year head-and-shoulders pattern. If this support zone fails to hold, some technicians may interpret it as evidence of a potential shift in leadership away from growth and toward value, which could influence the broader market backdrop. *Technical patterns are subject to failure *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

Looking across multiple time frames, a few potential areas may be worth monitoring in the primary trend of #NDX #Nasdaq100. 1-Year Chart: The #NDX is on pace for a second consecutive close below rising trendline support drawn from the March 2026 corrective lows. Technicians may monitor this former support area as a potential resistance zone following the breakout. Some technicians may view this development as an early indication that the character of the prevailing uptrend is changing. 3-Year Chart: Extending the trendline back to the 2025 correction lows highlights a longer-term area of confluence. The potential neckline associated with a developing double-top formation may become an important level for technicians to monitor, as it aligns closely with the longer-term rising trendline. This illustrates why many technicians use a multiple time-frame approach. Developments seen on shorter-term charts can sometimes emerge before they become evident in the longer-term primary trend. *Technical patterns are subject to failure *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: thinkorswim

After printing a failed breakout last week, #Technology relative to #SPX appears to also have lost rising trendline support. Following the #Tech weakness, former relative highs from last October may be a key area of focus for technicians. *Schwab does not recommend the use of technical analysis as a sole means of investment research *All names and market data shown below are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security *Chart source: StockCharts.com