US Large Caps in Focus - CMCSA+, DE- (24 February 2026)

US Large Caps Feb 24, 2026

Notes: we tend to focus on inflections on the weekly data level to strip out noise and, hopefully, call trades of more meaningful longevity. 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.

COMCAST CORP (CMCSA) - uptrend re-join. Up.

The blue momentum build up in the weekly heatmap row has been strong and incremental, signifying a robust uptrend. On the daily, before the current pale red, low power down shift, we also saw good blues building. The set up looks like an uptrend re-join around an intermediate cycle trough zone on this timeframe.

DEER & CO (DE) - uptrend exhaustion? Down.

Deere has put in an overbought signal in the weekly row, shifting from momentum of 64 to 61 so far this week. Daily did the same eight sessions back (64 to 54) and has lost blue power ever since as have the lower timeframes. The chart shows price gapping up into channel resistance on lesser blue power than the previous run and promptly falling in on itself.

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.