More Horner Details

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$GOOGL up only 1.5% YTD, but working to confirm support at the $315 level. Earnings later this week will determine the next move. Bulls might consider this spot good from a risk:reward viewpoint if they think it can rally back to prior highs around $400 @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$TXN breaking out following a brief pullback to its 50-DMA. Is the path of least resistance higher? Some nice volume as the stock confirmed support over the last two weeks. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$SPX Heatmap view shows today's selling is largely Technology, software excluded. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

My good friend @BenWatsonCS is hosting next week's Technical Analysis Virtual Workshop. This will be the virtual version of our in-person events hosted around the country. Great alternative if you're unable to get to one of those. Register here: schwab.swoogo.com/tavirtualw… @SchwabTrading #SchwabCoaching

Get your Durfey whenever you can. $CRWD @SchwabTrading @SchwabNetwork #SchwabCoaching *symbol not a recommendation

$SPCX rallying into the IPO day high. Some traders will look at a new issue breaking its IPO day as a potential entry signal. Hasn't happened just yet, but it's worth monitoring. Volume in excess of the 50-DMA of volume possibly indicative of more than just retail stepping in here. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

The thinkorswim desktop application continues its evolution. Recently, the Schwab development team rolled out the new Order Gadget. Check it out @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$NBIS in a bit of a squeeze. Bollinger Band width is the tightest it's been in more than a year, suggesting a spike in volatility. Volatility is NOT directional, however. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

Looks like the $OIL levels are well defined. Risk on for equity markets below $89? If this breaks $89 and yields follow with a pullback, the market rally could get in gear. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$TNX continues higher. Can we get any relief here? @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$TNX intraday pop to potential resistance has pressured equities since the open. A rejection here can act as a tailwind for the remainder of the day. The breakout last week ran while using the 20-EMA as support. It wouldn't be shocking if the former supporting trendline became resistance here. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$LITE working on the breakout move @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$Oil moving higher midday following a WSJ report of 10K troops heading to the Middle East. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$TNX finally showing a red candle today and the $Russell2K is bouncing cleanly off its 200-DMA. Brief respite or sign of an incoming bounce? @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$Bitcoin moving out of a bull-flag today with a golden cross on deck as the 50-DMA appears ready to move thru the 200-DMA to the upside @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$SPX Heatmap highlighting small areas of green and a lot more red. Decliners leading advancers 320-180 currently @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$ARM broke short-term resistance thru $280 last week and was tossed back to it for a new support test this week. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$LITE weekly chart highlights improving conditions following a period of consolidation. RSI bouncing from the 50-line, MACD shows imminent crossover and the 50-Week SMA continues to rise. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation