Over the past few months, we have tweeted many chart pattern cheat sheets. In case you missed any, here is a thread that includes 19 different cheat sheets you may want to reference 🧵:
$MRVL set to join the S&P 500.
Just remember that joining the S&P doesn't always = bullish.
Fun stat: S&P 500 additions lagged peers by about 28% over 1 year, 33.1% over 2 years, 40.2% over 3 years, and 55.2% over 5 years.
$TSLA *supervised* FSD is now officially available in 11 countries!
• U.S.
• Canada
• Mexico
• Puerto Rico
• The Netherlands
• Australia
• New Zealand
• South Korea
• China
• Lithuania
• Estonia
3/20/2026 Daily Recap: Knockout blow?
- $XLU largest down day since 4/4/2025. Names like $CEG $VST $SO $DUK hammered from open to close.
- $XLRE losing the 200sma with selling from bell to bell also. $WELL $PLD $O
- All the names which had strong reversals yesterday were used for liquidity today. $LITE $SNDK $AAOI $COHR $CIEN $TER $BE. I don't want to see this market losing the little leadership we have left
- $XLE $USO $OIH $XOP still remains the best overall group in the market but they are somewhat extended and new positions here doesn't feel right while extended.
- $GLD $SLV $GDX $SILJ no one coming for the metals yet. Silver and Gold experts have now become Strait of Hormuz experts.
- $QQQ $SPY clean break and close below the 200sma. Start of a bigger correction lower
- Before getting negative here I would remember the best shorts were 5-7 days ago and shorting into the hole is never the best idea.
- $XLF was the only sector green on the day and a whopping .18% doesn't inspire confidence.
- There is a chance we rally off the November lows but that doesn't change the current picture. Lower highs and lower lows are well established for now.
- A very news driven market as can be seen by tonight's after hours movements already 1%+ for the $SPY after the close.
- Lack of setups should have most of us trading lightly here as we wait for a follow through day.
- Credit to $BTC $ETH for not taking out Thursdays lows in this market. Subtle relative strength recently
- More on Monday, have a great weekend!
$ARM Company is holding an “Everywhere Event” next week on March 24th. They may surprise investors with an announcement of its first ever internally designed DC chip. If that happens, expect sharp upward earnings revision long term by as much as +30%.