These Charts Could Decide the Next Market Move

Why hasn’t the market broken down, even amid weakening breadth? Dave Keller shows how a small group of mega-cap stocks may be holding the indexes together, and the key levels that could decide the next market move. In spite of weakening market breadth in March, the S&P 500 and Nasdaq have not broken down dramatically. Dave Keller explains why the answer may lie in a narrow group of mega-cap growth stocks. Using performance charts, he compares the Magnificent 7 with the equal-weighted S&P 500, the cap-weighted S&P 500, bonds, gold, and crypto, showing how narrow leadership continues to shape the market. Dave then breaks down each of the Magnificent 7, identifying the critical support levels where risk is building and where a breakdown could have broader implications for the indexes. He also shows how to build performance charts and set price alerts in StockCharts, so that investors can monitor these key levels and stay disciplined as the market approaches an important decision point. Dave's recent episode on market breadth: https://www.youtube.com/watch?v=QTWp2GoWajI Dave's daily market recap show: http://marketmisbehavior.com/chartthis 00:00 - Welcome 02:25 - Group Performance Chart 07:18 - How Create a Performance Chart 09:05 - Alphabet GOOGL 13:26 - Apple AAPL 15:16 - Nvidia NVDA 17:31 - AVGO, META, TSLA 19:48 - AMZN, MSFT 20:54 - Netflix NFLX 👀 See what better financial charting can do for you! https://stockcharts.com/?utm_source=YouTube&utm_medium=Organicvideo&utm_campaign=DavidKeller&utm_content=031626 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 👍🏻 FOLLOW US X - @StockCharts - https://x.com/stockcharts Facebook - https://www.facebook.com/stockchartsdotcom LinkedIn - https://www.linkedin.com/company/stockcharts.com-inc. #davidkeller #mag7 #mega_cap_stocks @StockChartsTV @DKellerCMT ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.