Rachel Dashiell, CFP, CMT

It's time for me to bring back one of my fav charts as we continue to see persistent strength and new ATHs in the $Energy sector... $Energy completely outperforming $Tech and all other sectors by a longshot (from 2020 lows) despite periods of rotating in and out of favor Keep in mind the $Energy sector is only ~4% of $SPX... If you are strictly an index investor, this chart may change your mind... *Not a recommendation @SchwabResearch @SchwabNetwork @SchwabTrading

Now to play devil's advocate... On a weekly #RRG chart, it's not very common to see $Energy $Materials $Industrials $Staples $Utilities $RealEstate all leading at the same time UNLESS the index just broke to new highs or we are in a powerful risk-on rotation phase... So when's the last time similar rotation occurred? At the bear market lows in October of 2023 where the market experienced a massive breadth thrust following this upper-right clustering... *Not a recommendation @SchwabResearch @SchwabNetwork @SchwabTrading

$Energy $Utilities $RealEstate $Staples at or near relative highs and $Tech $Discretionary $Financials at relative lows vs $SPX is not something you see at the beginning of a bull cycle.... Quite the opposite actually.... *Not a recommendation @SchwabResearch @SchwabNetwork @SchwabTrading

$NYSE new lows lists reached some of the highest levels since last April 👀

Chart of the day: $TNX with already a 2%+ move out of its inverse head & shoulders pattern... Edwards & Magee would say a confirmed move of 3% (which would be around 44.15) validates the pattern... That measured move aligns a little too perfectly with resistance at yearly highs... Seeing things like this make TA fun, but there's nothing fun about that move in yields... *Not a recommendation @SchwabResearch @SchwabNetwork @SchwabTrading

$NET now setting up for a possible bull flag... Measured move ~$11 *Not a recommendation

@GaryttTaylor We need some signals here soon!

Bull or Bear? Or maybe a better question: What does the weight of the evidence tell us? Here's what I use🚦 $SPX

@gorrepaticl Definitely not haha it broke the wrong way

$ADM with a possible bull pennant pattern - flagpole roughly $8 *Not a recommendation

Has $Oil become rangy? A move outa this $92-$100 range could be notable @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

@texasramz @SchwabNetwork That’s the max monthly!

@RachelDashCS @SchwabNetwork What time frame is that? If you don't mind

The descending trendline resistance in $HAL makes the price formation look like a possible inverse head & shoulders pattern on the monthly Volume seemingly validating the possible pattern... Now waiting on the secular breakout to confirm *Not a recommendation @SchwabNetwork @SchwabTrading

@texasramz @SchwabNetwork @SchwabTrading 🫡

@RachelDashCS @SchwabNetwork @SchwabTrading Gonna keep an eye out thanks a lot

$NaturalGas with a possible bull flag forming on the hourly Measured move shown (patterns are not guarantees) *Not a recommendation @SchwabNetwork @SchwabTrading

@rjd_mkts @SchwabNetwork Little support bounce off of those lows!

@SchwabNetwork @RachelDashCS $SBUX making a good comeback today.

After the stock's strong start to the year, RBC Capital downgraded Starbucks (SBUX) to sector perform. @RachelDashCS looks at the chart of $SBUX, noting the key levels to watch. schwabnetwork.com/video/chart-of…

The problem with doing this is the assumption that up and down are the same in the stock market. They are not. The stock market tends to make spiked bottoms and rounded tops. This is the opposite of gold, which makes spike tops and rounded bottoms. The reason why this happens has to do with the nature of panic. People panic out of stocks and into cash, hence the spike bottoms in stocks. But people panic out of cash and into gold, hence gold's spike tops. Different markets have different chart personalities. For this reason, charts for each type of market need to be interpreted with an understanding of that market. Interpretive principles do not generally transplant well from one type of market to another because of that difference in their inherent natures.

Credit markets are flashing a warning, but not in the usual way. The cost of insuring against defaults hit a 9-month high while stocks remain near highs. Historically, this setup has been unstable: • Roughly half the time it led to sharp drawdowns • The rest saw either minor pullbacks or continued gains Risk doesn't disappear in these environments, it becomes asymmetric.

$COIN possible short-term double top or just a consolidation? *Not a recommendation

Join me for "Trading the Trend" today at 1pm ET: youtube.com/watch?v=E7X0AA… We will be trading trends in $AAOI $BTU $VG *Not a recommendation @SchwabTrading @SchwabNetwork

Tell me how you really feel 👀

@rjd_mkts Good look there!!!

@RachelDashCS Posted on this one several weeks ago, was looking for a gap fill after earnings but it failed miserably. Trying to find some traction here. Correct, volume has been low. x.com/rjd_mkts/statu…

$CSCO looks to be forming a possible head & shoulders pattern However, we haven't seen a notable increase in volume on the development in the possible right shoulder, which could invalidate the pattern... *Not a recommendation