David Keller, CMT

CHART THIS with David Keller, CMT Friday 7/25/25 x.com/i/broadcasts/1…

$TSLA pounding out a textbook symmetrical triangle or "coil" pattern of lower highs and higher lows. It's a big time "sit on your hands" chart until the pattern is broken to the upside... or the downside. Take a deep breath... and waaaaaaait. 😴

Bearish momentum divergence has been alleviated for $SPX, with this week's new high marked by stronger momentum. But still a clear bearish divergence for small caps, with $IWM making higher highs on weaker momentum! #largeoversmall

Thanks @BobPisani for a fantastic interview on the Market Misbehavior podcast! We discussed insights from 30 years on the floor of the NYSE, the balance between skill and luck for investing, the evolution of retail trading, the importance of behavioral economics, why baby boomers…

Healthy bull markets are supported by an expansion in new 52-week highs. The more stocks driving to new highs, the broader the advance. Wed-Thu saw about 10% of the $SPX make a new 52-week high. Not raging bull market numbers, but not too shabby!

Biotechs $IBB are back above the 200-day MA for only the second time in 2025. This is a chronically underperforming group in a chronically underperforming sector, but the chart looks fairly compelling as long as it holds the 200-day!

CHART THIS with David Keller, CMT Thursday 7/24/25 x.com/i/broadcasts/1…

Thanks @AdamKoos for a fantastic discussion on the Market Misbehavior podcast! We talked early days as a financial advisor, how the introduction to technical analysis and @CMTAssociation helped him improve his investment approach, and how he uses charts to enrich relationships…

Excited to share the @StockCharts 2nd Half 2025 Market Outlook special! So enjoyed being back in the @StockChartsTV studio, and a pleasure to talk macro themes, leadership trends, and seasonal shifts with my chart brother @GraysonRoze. So humbling but so helpful to look back,…

Newer Dow Theory is an adaptation of Charles Dow's original work, where he looked for confirmation between the Dow Industrials and Dow Railroads. A modernized version, using the equal weight $SPX and $NDX, generated a bull confirmed signal this week. $RSP $QQQE

Have been tracking a potential bearish momentum divergence between price and RSI for $SPX. But the strength of the rally this week, driven by stronger momentum, has negated that divergence. In the words of legendary technical analyst Justin Mamis, "Divergences are like…

This was a fun and wide-ranging conversation with my chart brother @GraysonRoze @StockCharts. Also so good to be back in the @StockChartsTV studio!

CHART THIS with David Keller, CMT Wednesday 7/23/25 x.com/i/broadcasts/1…

Lighting up the "traffic light" approach for $GOOGL: $GOOGL > 181 = green light $GOOGL between 174-181 = yellow light $GOOGL < 174 = red light

$GLD over 318 would mean a confirmed ascending triangle pattern, and thus much further upside potential for #gold. "The most bullish thing the market can do is go up."

Seeing plenty of divergences for $SPX in July, from breadth to momentum. But if and when the market moves higher on stronger breadth and/or stronger momentum, those divergences are "negated" by market activity. May be seeing that now for $SPX...

CHART THIS with David Keller, CMT Tuesday 7/22/25 x.com/i/broadcasts/1…

CHART THIS with David Keller, CMT Monday 7/21/25 x.com/i/broadcasts/1…

CHART THIS with David Keller, CMT Friday 7/18/25 x.com/i/broadcasts/1…

Hey Market Misbehavior followers! Having some computer issues so will not be doing a market recap show today. But I did manage to post this video on $META and a potential double top pattern. Please enjoy! youtu.be/KjNJDGEL_ns