NDW Morning Update Video – September 14, 2026.

• Friday’s trading session was positive for most U.S. equity indices with the S&P 500 Index ([SPX]) up 86 basis points, though most still remained negative for the week. Not much additional chart action for U.S. indices after seeing the Russel 2000 ([RUT]) and Russell 1000 ([RUI]) give sell signals Thursday (9/10). Most others continue to consolidate near recent pullback levels with the like of the Nasdaq Composite ([NASD]) holding support right at the middle of the 10-week trading band (50-day moving average).
• In response to an uptick Friday in potential rate expectations at this week’s Fed Meeting, the iShares U.S. core Bond ETF ([AGG]) fell below $96, marking its lowest level since January of 2025. From here, a move into the mid to low $95 range would bring the chart to levels not seen since April/May 2024.
• Crude Oil ([CL/]) prices are rallying this morning after a key pipeline in Saudi Arabia was shutdown over the weekend. Pre-market prices have moved above $103, showing the potential of a reversal higher on the point and figure chart, should prices remain steady or continue to climb. From here, a move above $105 would mark a third consecutive buy signal since the beginning of September.
• Notable stock developments from Friday through Monday’s pre-market trading are highlighted below.
  • Analog Devices ([ADI]) – ADI returned to a buy signal and shifted back to a positive trend by complete a bearish signal reversal pattern Friday at $380. The stock increased to a 3 for 5’er with the trend change. From here, note resistance in the upper $390 to $400 range, while the bullish support line sits at $348. Given the developments within AI over weekend, holders of ADI will monitor closely.
  • SK Hynix ([SKHY]) – After AI chiefs from Anthropic and OpenAI posted letters about slowing down and being more responsible with their models, chips makers like SK Hynix are seeing notable downside pre-market Monday. With pre-market prices in the mid $170s, it appears the pullback has currently settled near prior resistance. Additional support resistance in the upper to low $150s.
  • Lennar ([LEN]) – Reports Earnings 9/16 – LEN fell to a 0 for 5’er after shifting into a negative trend in at the end of August. After completing a bearish catapult, LEN fell to 2026 chart lows in the upper $70s. Friday’s (9/11) trading led to a reversal back into Xs at $80. From here, a move below the mid $70s would mark the lowest chart level since late 2022. Note resistance in the mid to upper $80s.