US Large Caps in Focus - BRK/B(-), SBUX(-), JNJ(+) - 26 March 2026

US Large Caps Mar 26, 2026

Notes: The basic system is a dynamic heatmap and colours: Up as Blue and Down as Red. Momentum is woven into the price series, such that paler colours represent lessening of power and stronger colours, increasing power. The sub-window shows the heatmap with momentum numbers at each timeframe from hourly to monthly.

BRK/B (Berkshire Hathaway) - Down break/continue (-).

Looking for a downtrend continuation weekly chart.
*Monthly - blues super pale/stall - low power. Downside risk edge 460.
*Weekly - blues super pale/stall - low power. Downside risk edge challenged and breaking to red down.
*Daily and lower - strong red down and accelerating.
*Intermediate cycle still downswing phase.

SBUX (Starbucks) - Down reversal (-).

Seeing intermediate cycle as having topped out, weekly chart.
*Monthly - pale red weak down.
*Weekly - grey blue uptrend stall out and testing red downside risk edge.
*Daily and lower- mixed reds as weekly challenges breakdown level
*Intermediate cycle downswing phase.

JNJ (Johnson & Johnson) - Uptrend re-join (+)

Longer term uptrend intact, tactical re-join being attempted, daily.
*Monthly - strong blues, long uptrend intact.
*Weekly - grey blue uptrend consolidation out of strong blues - re-join preferred.
*Daily and lower- building blue power.
*Shallow, choppy decline out of prior strong rally. Price hit a balance point and is now challenging downtrend return line.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.