Editorial Representation of David Keller
EDITORIAL REPRESENTATION

TECHNICAL · FINAL BAR

David Keller

As of 28 September 2026, David Keller holds 20 current views on Headge, 11 Bullish, 1 Neutral, 8 Bearish. The latest is Bullish on SPY over 1 Week. Every view links to the original post or video.

CMT, Sierra Alpha Research. Daily Final Bar close-of-day show. Dense with explicit levels.

VIEWS 28
LAST PUBLISHED 2D AGO

Catch-Up

Generated 08:00 ET

The picture is unchanged: weak breadth, a rising-rate backdrop and bearish signals in the S&P 500 and Bitcoin keep the broader technical setup cautious, even as deeply negative short-term participation leaves room for a tactical bounce. Strength remains selective in healthcare, AI-led growth, cybersecurity, semiconductors and energy, while financials, discretionary, utilities, real estate and several large consumer names remain under pressure. The key confirmation would be a recovery in breadth and S&P momentum; until then, index upside looks constrained despite pockets of leadership.

At Generation 15 Bullish · 1 Neutral · 12 Bearish
Mix By Horizon
1 Week
1 Month
1 Year
Held
SPY
BULLISH
The S&P 500 would enter a bullish momentum phase if RSI breaks above 60, with price breakouts confirmed by that threshold often leading to sustainable advances. Week
Positioning & Vol
BULLISH
Short-term market breadth is deeply negative and could support a tactical bounce if participation recovers above 30%, though the broader breadth picture remains negative until further improvement. Week
JBL
NEUTRAL
$JBL remains neutral between a declining 50-day average and rising 200-day average; a sustained break above the 50-day would turn bullish, while losing the 200-day would be bearish. Week
TMO
BULLISH
$TMO has broken above resistance with strong follow-through and improving relative strength, signaling health-care leadership despite a weak broader market. Week
TLT
BEARISH
The 10-year yield is approaching 5.2% above its 2023 high, and the prevailing trend remains higher despite 5% appearing to be resistance. Week
INTC
BULLISH
$INTC is making higher highs and higher lows while breaking above resistance, maintaining a strong uptrend despite weak market breadth. Month
WMT
BEARISH
Walmart faces further downside potential if it breaks below its lower trend line, completing a bear flag pattern after its recent advance. Month
ILMN
BULLISH
$ILMN remains in a classic uptrend with a strong chart, standing out as a long-and-strong healthcare name amid limited market leadership. Month
DHR
BULLISH
$DHR broke above 220 this week and is showing upside follow-through, supported by strong relative strength over the last three months. Month
DXY
BULLISH
The dollar is strengthening as rates continue pushing higher, reinforcing the current upside move in the greenback across currency markets. Week
TMO
BULLISH
$TMO has powered above resistance near 630 and continued higher, with strong follow-through and relative strength supporting the ongoing uptrend. Month
SPY
BEARISH
The S&P 500 has limited meaningful upside while breadth remains weak, with long-term indicators below levels consistent with bull markets. Month
UNG
BULLISH
Natural gas prices continue accelerating higher as colder winter heating demand approaches, creating a potential cost pressure for consumers. Week
USO
BULLISH
Crude oil retains bullish momentum after a reversal, moving above its 38.2% retracement and heading back toward $100 per barrel. Week
GLD
BEARISH
$GLD looks vulnerable after breaking below its 50-day moving average, with a drop below 388 to 390 signaling a negative breakdown. Week
TLT
BEARISH
10-year Treasury yields remain in a technical uptrend after breaking above 5%, implying further pressure on long-duration Treasury prices. Month
AI
BULLISH
AI leadership remains strong enough that standing in front of the trade is painful, with technology and mega-cap growth continuing to dominate market rotation. Year
BTC
BEARISH
Bitcoin has flashed the same bearish reversal pattern as the S&P 500, adding to near-term market warning signs. Week
MCD
BEARISH
$MCD remains in a very negative trend after falling another 4.8%, extending its decline to roughly 18% below the 200-day moving average. Week
APA
BULLISH
$APA retains an encouraging uptrend of higher highs and higher lows after pulling back from a new 52-week high earlier in September. Month
JPM
BEARISH
$JPM has rotated into a clear new distribution phase, with no current evidence of stability or returning buyers. Month
PANW
BULLISH
$PANW is resuming an accumulation phase after breaking above recent swing highs and moving averages, with RSI above 60 near $400 all-time highs. Week
XLF
BEARISH
Financials remain a difficult sector as $JPM has rotated into a new distribution phase without evidence of buyers returning. Month
XLRE
BEARISH
Real estate faces a headwind as yields above 5% make Treasury bonds more attractive than low-volatility, higher-yielding property stocks. Month
XLU
BEARISH
Utilities face a headwind as yields above 5% make Treasury bonds more attractive than low-volatility, higher-yielding utility stocks. Month
PLTR
BULLISH
$PLTR made a new three-month high, displaying a constructive pattern and relative strength despite broad market weakness across major benchmarks. Week
MAR
BULLISH
$MAR closing above trendline resistance would turn quite bullish if follow-through continues above the 50-day moving average in the next session. Week
XLY
BEARISH
Consumer discretionary has generally been struggling, with constructive charts difficult to find and weakness prevailing across most of the sector. Month
Gone
XLB
BULLISH
Materials are leading sector performance as precious metals strengthen and copper prices move higher, reinforcing the group’s relative leadership. Week
META
BEARISH
$META’s shooting-star candle near an overbought condition suggests the next one to three bars are likely lower following its intraday strength. Week
MRNA
BULLISH
$MRNA is trending onward and upward, standing out as one of healthcare’s strongest technical charts with persistent positive price momentum. Month
NOC
BEARISH
$NOC is rotating lower through a technical breakdown, extending persistent weakness across defense stocks and underscoring the group’s poor relative performance. Month
DELL
BEARISH
$DELL is pulling back sharply despite having been among technology’s better charts, declining 4.6% during the session and weakening its near-term technical setup. Week
MU
BULLISH
$MU is showing a strong upside breakout, powering above $1,000 toward $1,100 as RSI pushes above 60 and momentum remains intact. Week
XLK
BULLISH
Technology is showing upside follow-through, led by semiconductor names despite uneven performance across the broader sector and only modest gains elsewhere. Week
CPER
BULLISH
Copper prices are moving higher alongside renewed strength in precious metals and materials, signaling positive near-term commodity momentum. Week
SLV
BULLISH
Silver accelerated higher through the trading day, restoring precious metals to a position of technical strength within the broader materials advance. Week
BBY
BULLISH
$BBY is in a primary uptrend, making a new 52-week closing high above properly ordered, upward-sloping moving averages. Month
ORCL
NEUTRAL
$ORCL remains neutral in moving-average limbo until a breakout above $165–170 or a breakdown below $140 provides confirmation. Month
HD
BULLISH
$HD is positioned for a tradable oversold bounce from May-low support below $300, despite its still-negative longer-term trend. Week
LEN
BEARISH
$LEN still needs a meaningful trend change, as lower highs and lower lows outweigh its sharp one-day bounce. Month
BAC
BEARISH
$BAC is extending its decline after establishing a lower high, reflecting the broader financial sector’s continuing technical weakness. Week
SNDK
BULLISH
$SNDK has broken above $1,800 to a new swing high, with RSI above 60 confirming stronger momentum after support near $1,000. Month
XLE
BEARISH
Energy is broadly struggling as crude prices decline, while previously strong downstream names pull back from short-term support. Week
XLP
BULLISH
Consumer staples are emerging as sector leadership after a 1% gain, second only to materials on the session. Week
ADBE
BEARISH
$ADBE is stalling after its July and August rally, shifting into a more pronounced technical distribution phase with weakening upside momentum. Month
XLI
BEARISH
Industrials face persistent weakness as transports, trucking, freight, and delivery names rotate lower through varying degrees of technical breakdown. Month
QQQ
BULLISH
Nasdaq 100 strength is continuing, with the index drifting higher and finishing near session highs while the S&P remained flat. Week
CSCO
BEARISH
$CSCO has broken down to a new three-month low, signaling a technically concerning deterioration in the chart following recent weakness. Month
MKSI
BULLISH
MKS has formed a bullish outside day near its 200-day average, suggesting prices are more likely higher over the next one to three bars. Week
AMAT
BULLISH
Applied Materials is bouncing from its 200-day moving average after a downtrend marked by lower highs, lower lows, weak RSI, and declining relative performance. Week
CRWD
BULLISH
CrowdStrike has maintained a strong technical configuration, with higher highs, higher lows, positive momentum, and exceptional relative strength over the last three months. Week
FTNT
BULLISH
Fortinet is continuing a primary uptrend, distinguishing its technical configuration from technology stocks merely rebounding from depressed levels. Week
Positioning & Vol
BEARISH
Market breadth has deteriorated through September, with declining advance-decline, 50-day participation, bullish-percent, and offense-versus-defense measures failing to confirm new highs. Month

A daily catch-up of talking heads, in fifteen minutes.

Sentiment Graph

Last 30 Days
Today
SENTIMENT GRAPH

Current Views

ANALYSTDIRECTIONTOPICSUMMARYHORIZONFRESH
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Moderate
SPY
The S&P 500 would enter a bullish momentum phase if RSI breaks above 60, with price breakouts confirmed by that threshold often leading to sustainable advances. DIRECTION ONLY $SPY
Week 2d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Moderate
Positioning & Vol
Short-term market breadth is deeply negative and could support a tactical bounce if participation recovers above 30%, though the broader breadth picture remains negative until further improvement. DIRECTION ONLY
Week 2d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
NEUTRAL Neutral
JBL
$JBL remains neutral between a declining 50-day average and rising 200-day average; a sustained break above the 50-day would turn bullish, while losing the 200-day would be bearish. DIRECTION ONLY
Week 2d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
TMO
$TMO has broken above resistance with strong follow-through and improving relative strength, signaling health-care leadership despite a weak broader market. DIRECTION ONLY
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Strong
TLT
The 10-year yield is approaching 5.2% above its 2023 high, and the prevailing trend remains higher despite 5% appearing to be resistance. LEVELS · RESISTANCE 5.2 $TLT
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Moderate
SPY
The S&P faces limited meaningful upside until market breadth improves, as roughly twice as many NYSE stocks declined as advanced beneath a flat index. DIRECTION ONLY $SPY
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Moderate
TLT
10-year Treasury yields are approaching 5.2%, signaling continued near-term pressure on long-duration Treasury prices as breadth deteriorates beneath a flat S&P 500. LEVELS · RESISTANCE 5.2 $TLT
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
INTC
$INTC is making higher highs and higher lows while breaking above resistance, maintaining a strong uptrend despite weak market breadth. DIRECTION ONLY
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Moderate
WMT
Walmart faces further downside potential if it breaks below its lower trend line, completing a bear flag pattern after its recent advance. DIRECTION ONLY $WMT
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
ILMN
$ILMN remains in a classic uptrend with a strong chart, standing out as a long-and-strong healthcare name amid limited market leadership. DIRECTION ONLY
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
DHR
$DHR broke above 220 this week and is showing upside follow-through, supported by strong relative strength over the last three months. LEVELS · RESISTANCE 220
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Moderate
DXY
The dollar is strengthening as rates continue pushing higher, reinforcing the current upside move in the greenback across currency markets. DIRECTION ONLY $DXY$UUP
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
TMO
$TMO has powered above resistance near 630 and continued higher, with strong follow-through and relative strength supporting the ongoing uptrend. LEVELS · RESISTANCE 630
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
HIGHER Strong
Positioning & Vol
Market breadth remains increasingly negative, signaling risk-off conditions and a limited equity opportunity set despite stable major indexes. DIRECTION ONLY
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Strong
SPY
The S&P 500 has limited meaningful upside while breadth remains weak, with long-term indicators below levels consistent with bull markets. DIRECTION ONLY $SPY
Month 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Moderate
UNG
Natural gas prices continue accelerating higher as colder winter heating demand approaches, creating a potential cost pressure for consumers. DIRECTION ONLY $UNG
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BULLISH Strong
USO
Crude oil retains bullish momentum after a reversal, moving above its 38.2% retracement and heading back toward $100 per barrel. LEVELS · TARGET 100 $USO
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Strong
GLD
$GLD looks vulnerable after breaking below its 50-day moving average, with a drop below 388 to 390 signaling a negative breakdown. LEVELS · SUPPORT 388 · SUPPORT 390
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
LOWER Strong
TLT
Long-duration Treasuries face further downside as the 10-year yield pushes above 5% and could rise beyond recent ceiling levels. LEVELS · RESISTANCE 5 $TLT
Week 3d
Editorial Representation of David Keller David Keller TECHNICAL · FINAL BAR
BEARISH Strong
TLT
10-year Treasury yields remain in a technical uptrend after breaking above 5%, implying further pressure on long-duration Treasury prices. LEVELS · RESISTANCE 5 $TLT
Month 4d

Wordcloud

AboveDayMarketS&PBreadthStrongTMOTreasuryAverageBelowMovingResistanceUptrendYieldBreakingBullishDespiteFollow-ThroughHighsNegativePhaseRelativeSectorStrengthAPABitcoinConsumerCrudeDHRDiscretionaryDollarEstateFurtherGasGLDJBLLeadershipNaturalOilPANW

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Sentiment Heatmap

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