NDW Morning Update Video – August 24, 2026.

• U.S. equities were positive Friday (8/21) with the Dow Jones industrial Average ([.DJIA]) leading the way to the upside at 98 basis points. Even with the positive end to the week, U.S. equity indices were down for the week with the Nasdaq-100 ([NDX]) and Nasdaq Composite ([NASD]) leading the way to the downside, down 2.45% and 2.05%. Most indices continue to maintain buy signals but have pulled back into a column of Os from highs earlier this month.
• Gold ([GC/]) and crude oil ([CL/]) were up over 5% for the week (8/14 – 8/21) with gold finishing the trading session Friday (8/21) up more than 2%. On the trend chart, gold gave a second buy signal at 4440 as the commodity moved above 4600, marking its highest level since May.
• Major short-term equity indicators have continued to decrease with the NYSE High Low Index ([^NYSEHILO]) fall below 52%, highlighting fewer stocks making 52-week highs versus those making 52-week highs and lows. Among the notable NDW 40 sector bullish percents to fall last week, highlighting decreases in participation and stocks on buy signals, were semiconductors ([^BPSEMI]), electronics ([^BPELEC]), steel ([^BPSTEE]), restaurants ([^BPREST]), and retail ([^BPRETA]).
• There are some notable technology and discretionary earnings this week. Below are support and resistance highlights from a handful of those notable names.
  • Intuit ([INTU]) – Reports 8/25 – INTU increased to a 3 for 5’er earlier this month after shifting into a positive trend. Last week’s action led to a sixth consecutive buy signal at $364 as shares rallied to their highest level since May. Note resistance at $416 from here, while support resides at $336 and $324 before getting to the bullish support line at $312.
  • Salesforce ([CRM]) – Reports 8/26 – CRM moved back into a positive trend since July, bringing the stock up to a 2 for 5’er. Recent trading has brought the chart up to test resistance at $208 after seeing a return to a buy signal to cap off last week. Beyond current resistance, notable resistance lies in the upper $260 to upper $270 range. Initial support can be found at $190 and $184, while the bullish support line sits at $176.
  • NVIDIA ([NVDA]) – Reports 8/26 – NVDA returned to a buy signal and shifted the trend back to positive earlier in August, bringing the stock up to a 3 for 5’er. From here, resistance resides at highs in the $230 range, while support can be found in the $190 to $192 range.
  • CrowdStrike ([CRWD]) – Reports 8/26 – CRWD returned to a sell signal and fell to $188 during last week’s trading after reaching highs at $224 earlier this month. This brought the peer RS chart down into a column of Os, bringing the stock down to a 4 for 5’er. From here, support can be found in the upper $170s, while additional can be found at $166.
  • Dollar Tree ([DLTR]) – Report 8/27 – DLTR gave a second buy signal during last week’s trading session at $134, marking the highest level since February. The stock has been a 4 for 5’er since May of this year and the stock currently ranks within the top quartile of the Retailing sector matrix. From here, resistance lies at $138 and $144, while support can be found at $118 and $106.

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