US Large Caps in Focus - NVDA-, XOM-, HD- (17 February 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.
NVIDIA CORP (NVDA) - break down cascade. Down.
Four months ago NVDA broke the April 2025 trend support line and failed even to make a reaction rally of what in fact was a meaningful cycle low in December. Price then just flat lined on very poor blue power as a residual deep pockets bid held in the market. However, we are now at the bottom of the daily range and the downside risk edge is almost upon us at 176.99. This in fact coincides with the weekly downside risk edge. Meanwhile lower timeframes are red and accelerating on higher momentum numbers and deeper reds.
EXXON MOBIL CORP (XOM) - break down from intermediate term overbought. Down.
The daily chart shows a trend support break and lower timeframes building red urgency. Notice that daily blues have seen fading blues for weeks now as the trend matured. Notice also that the weekly row put in an overbought signal (blue power of 65 dropped to 61) with the weekly downside risk edge at 144.25 (i.e. where weekly also turns red).
HOME DEPOT INC (HD) - fails at resistance. Down.
HD hit a key resistance level on weekly after a fairly insipid blue cover rally. Daily has also just turned red.
