US Large Caps in Focus - FDX+ (27 January 2026)

US Large Caps Jan 27, 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.

Note - position change: CVS US, LONG from 22 January has been stopped and closed at 74.5 for a Loss. MA US, SHORT from 15 January is being closed into earnings at 4.4% gain.

Fedex Corp (FDX) - up continuation.

The monthly heatmap row just powered up and built power in current blue set incrementally. It is also markedly stronger than the prior blue set (LHS). Daily is benign low red rest phase and the progress bar is full blue showing the upside risk edge at 312.36. We are anticipating an up continuation with the new 10 week cycle as tailwind.

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.