Rachel Dashiell, CFP, CMT

Trader. Runner. Hiker. Chart lover. Market technician. Education coach @SchwabTrading & Contributor @SchwabNetwork Imp Disclosures:

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@oncetravelled @SchwabNetwork @SchwabTrading There’s a divergence between industrials and transports, which Dow theorists would consider a warning sign in a bull market

[Rachel Dashiell, CFP, CMT @RachelDashCS]

Cup & handle breakout of the 38.2% Fib in the $Dow $Transports $DJT

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@Surfing2freedom @SchwabNetwork @SchwabTrading Yes

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$GRMN - inverse h&s
$FITB - inverse h&s
$A - cup & handle breakout after a double bottom
$LYV - rising wedge

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@CaffeineCraig Hahahaha

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@AllK888 @SchwabNetwork @SchwabTrading Looks like one to me!

[Rachel Dashiell, CFP, CMT @RachelDashCS]

$CMCSA - range breakdown
$EOG - ascending triangle
$GM - double bottom
$BSX - support retest of a 24-year cup & handle

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

Here are some long-term levels to watch in bitcoin:native $Bitcoin

Nearing 60k as the first level of support on bearish momentum. If that breaks, 49.5k is the next floor

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

Not a recommendation

[Ricardo Sarraf @nullcharts]

The major indices keep making new highs, yet the median US stock has gone nowhere for over 4 years.

Line up the current secular bull with the one that began in 1974, and this consolidation comes at a similar shape and place in the cycle as 1987–1992.

Back then, that consolidation set up the launchpad for the final leg higher of the cycle.

If the analog holds, we still have ~5 years left in this secular bull.

History may not repeat, but it often rhymes.

$VALUG

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@MarioOttai549 @SchwabNetwork @SchwabTrading I think so, heard the same

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More pattern setups (wait for confirmation):

$GD - double top or range
$ADP - cup & handle support retest with a bull flag
$JCI - ascending triangle
$CIEN - 26-year base approaching 61.8% Fib resistance

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@Surfing2freedom @SchwabNetwork @SchwabTrading Can’t do ETFs

[Rachel Dashiell, CFP, CMT @RachelDashCS]

@Surfing2freedom @SchwabNetwork @SchwabTrading absolutely love that breakout! looking good on multiple time frames

[Rachel Dashiell, CFP, CMT @RachelDashCS]

I just looked at hundreds of charts, and the most bullish reversal formations are occurring in $Industrials $Healthcare $Financials in that order

*Not a recommendation

[Rachel Dashiell, CFP, CMT @RachelDashCS]

Chart of the day:

$SPXEW $SPX equal-weight is making new ATHs today... Bullish rotation is underway

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$DXCM - double bottom
$SMCI - on the way to a double bottom
$VRSN - cup & handle
$CFG - double bottom within a larger triangle

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$FSLR - 18-year long cup & handle
$FIVE - h&s breakdown
$AEE - h&s
$VEEV - triple bottom

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$PAYX - cup & handle
$PRU - double bottom with a cup & handle
$NTAP - bull pennant
$UAL - ascending triangle

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$WDAY - cup & handle
$WAT - cup & handle (double bottom on weekly)
$VMC - room to run for a possible double bottom
$PCG - inverse h&s

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$PCAR - failed double top (look for resistance at previous highs)
$KEYS - complex h&s
$CARR - cup & handle
$ODFL - ascending channel (it's a stretch, but you could also call this a slanted double bottom)

*Not a recommendation
@SchwabNetwork @SchwabTrading

[Rachel Dashiell, CFP, CMT @RachelDashCS]

More patterns & possible patterns:

$URI - cup & handle breakout
$NKE - possible start to an inverse h&s
$BKR - descending triangle
$GWW - range breakout

*Not a recommendation
@SchwabNetwork @SchwabTrading