Charts to Watch: SPX, KLAC, MSTR
from Schwab Network Hosted by Schwab Network
Charles Schwab's Rachel Dashiell sees the S&P 500 (SPX) carving out a potential inverse head and shoulders bullish reversal, with resistance at 5,780 and a possible measured move above 8,000 in the coming weeks. She also breaks down KLA Corp (KLAC) holding support after its 70% yearly run and Strategy (MSTR) tracking Bitcoin's repair with a correlation above 90. She notes Solana outperforming Bitcoin as a sign of risk taking returning to the crypto space. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
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