Tim Knight uses seven ETF charts to show the same thing happening everywhere at once: trend lines failing across this bull market. He walks emerging markets, Brazil, China, small caps, the S&P and financials all breaking their lines, and the big one, the semiconductor ETF finally cracking its multi-year channel, which he calls the most important event of the week. It's a clean lesson in how a broken trend line turns from support into resistance, with this week's rally kissing the underside and dying. ๐ tastylive: https://www.tastylive.com/ ๐ฐ Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters ๐ FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 ๐ฑ Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Seven ETF charts, important failures 00:18 Emerging markets break a two-year uptrend 01:25 Brazil, support becomes resistance 02:25 China grinding toward the target 03:19 Small caps slide off the flipped line 04:24 The S&P cracks its trend line 05:15 Financials fail a trend from 2023 05:56 The semis break the multi-year channel 06:44 Why that's the most important chart 06:51 Wrapping the seven failures #tastylive #timknight #tradingcharts #trendlines #semiconductors #technicalanalysis #supportresistance #charting #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.