These Charts 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.

This video premiered on March 16, 2026. Watch on StockCharts' dedicated David Keller page!

Previously recorded videos from Dave are available at this link.