NDW Morning Pulse – July 27, 2026.

• U.S. equities and other major indices were mixed following Friday’s (7/24) trading. While most U.S. equity charts saw no additional action, the Nasdaq-100 ([NDX]) gave a third consecutive sell signal intraday Friday.
• While equities were mixed, crude oil led the way to the downside, falling more than -3% Friday and reversing down into Os on its default point and figure chart. A reprieve in U.S.-Iran tensions over the weekend has given a boost to U.S. equities pre-market Monday (7/27), while crude oil has fallen into the mid $80s.  
• Apart from the bullish percent for the Nasaq-100 ([^BPNDX]), most major and index-related bullish percent indicators reside within the mid-50s on their charts, still suggesting more than half of the stocks within those universes continue to maintain point and figure buy signals. When examining the NDW 40 sectors through the Distribution Curve tool on the site (Allocation Tab > Distribution Curves), technology subsectors witnessed the most notable shift into lower field position; highlighting a decrease in stocks maintaining buy signals. Financials subsectors like savings and loans, banks, and insurance continue to maintain the highest levels of upside participation.
• Roughly 170 S&P 500 companies will report earnings this week. Below are notable highlights of support and resistance levels for major names reporting.
  • Visa ([V]) – Reports 7/28 – 3 for 5’er that broke out above resistance in the $350 range to kick of July. The stock has since consolidated around the $350 to $360 range with initial support now residing at $348. Additional support can be found at $324, the bullish support line, while the stock’s all-time chart high from June 2025 at $368 presents the only level of overhead resistance.
  • Meta Platforms ([META] – Reports 7/29 – 1 for 5’er after shifting back into a positive trend to kick off July’s trading. META currently is trading around the $600 level, below its 50-day moving average, and just two boxes above the bullish support line at $584. Additional support is seen at $544, while resistance continues to be prevalent within the $680 range.
  • Microsoft ([MSFT]) – Reports 7/29 – 2 for 5’er that shifted back into a positive trend in recent weeks following a second buy signal. The stock is currently testing the bullish support line at $380, while additional support can be found at $376 and $368. Resistance resides at $400, the recent rally high, while additional can be found in the upper $400 range.
  • Apple ([AAPL]) – Reports 7/30 – 5 for 5’er following a recent reversal into Xs on the stock’s peer relative strength chart. The stock reversed back into Xs on its default trend chart last Friday (7/24) to match the all-time chart high at $332. Initial support lies at $320, while additional support can be found at $276 and $260, the bullish support line.
  • Amazon ([AMZN]) – Reports 7/30 – 1 for 5’er that shafted into a negative trend and returned to a sell signal following Friday's (7/24) trading. Support for the stock now resides at $228, while additional can be found at $200. A move above $260 would flip the trend back to positive and return the stock to a buy signal.