A Market Cha-Cha Pattern, S&P 500 Technical Charts, and Investment Advice The Money Wise guys are back in the studio for another engaging episode of real-talk about the markets, including the S&P 500 technical chart. Last week was a mixed bag, as the Dow was down 2.7%, the S&P 500 was down 1.0%, and the NASDAQ was up 0.2%. YTD the Dow remains up 11.7%, the S&P remains up 21.8%, and the NASDAQ remains up a whopping 23.4%. It’s still earnings season, with several Magnificent 7 names coming out next week. Looking at the S&P 500 technical chart, we appear to be dancing a market cha cha, with a pattern of two steps forward and three steps back, and a volume consistently below the daily moving average. The Money Wise guys explain that it’s likely due to the impending presidential election, with many circling the field and waiting to see what happens. More About the S&P 500 Technical Chart We’ve focused much on investor education in the past few episodes, and this is no exception. Let’s dig into what the S&P 500 technical chart is, and what it means for market analysis. The S&P 500 is a highly influential measure of overall market health. The technical chart is a real-time gauge for a selected timeframe, and it’s based on the most popular technical indicators, such as moving averages, oscillators, and pivots. For more on the S&P 500 technical chart, check out this resource.  In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.