A HUGE Double Top Pattern In The S&P 500? | The Final Bar (08.07.23)

David Keller, CMT sets the table for this week with a focus on FAANG stocks breaking down (MSFT, AAPL) vs. those still trending higher (META, GOOGL) as well as a potential rotation into financials XLF and energy XLE. He answers viewer questions on the StockCharts Technical Rankings (SCTR) as well as charts of HSY, AGCO, and more!

00:00 Intro
02:03 Market Recap
19:09 Contact Us
20:30 Q1: How would you manage stock positions in periods like this one?
23:19 Q2: Would you label Hershey Foods as a descending triangle?
25:54 Q3: How can I track changes in SCTR rankings over time?
28:55 Q4: Do you see $SPX as a big double top pattern?
31:23 Q5: How do you interpret the chart of AGCO? Is this a megaphone or broadening top pattern?
33:57 3-in-3


Dave's Blog - https://schrts.co/WDKzPhTD

–––––
✅ Enjoy this video? Subscribe to StockCharts TV on YouTube to watch more great content from top financial experts, with new content posted daily: https://tinyurl.com/wvet7qj

👀 See what better financial charting can do for you!
Start your FREE 1-month trial today at https://stockcharts.com

👍🏻 FOLLOW US
Twitter: @StockCharts : https://tinyurl.com/tt7429e
@StockChartsTV :   / stockchartstv  
Facebook: https://tinyurl.com/w2fsb42
LinkedIn https://tinyurl.com/t7u9568

ℹ️ ABOUT STOCKCHARTS
StockCharts.com is the web'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.

❗️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