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8 sourcesTracking since 12 Sept, 23:04

Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low

Chronological coverage

  1. 18 September
  2. 17 September
  3. 16 September
  4. Follow-up16 Sept, 09:47

    SNDK — Weekly Structure: Higher Low in Development

    NASDAQ:SNDK is currently developing a higher-low structure on the weekly timeframe after the sharp correction from the $1,800–$1,850 area. The key structural point is the reaction from the $1,000–$1,150 region, followed by a recovery toward $1,800. The current retracement toward $1,500–$1,530 is therefore the area to monitor for confirmation of the higher low. As long as the weekly structure holds above approximately $1,447, the current pullback can remain consistent with a higher-low formation rather than a full structural reversal. A recovery above the recent swing high around $1,800–$1,850 would provide confirmation that the bullish sequence is resuming. Above that zone, the next major resistance area is around $1,930, followed by the broader $2,300–$2,330 region. The main invalidation level on this setup is $1,447. A decisive weekly break below that level would weaken the higher-low thesis and require reassessment of the structure. One important catalyst is earnings. Sandisk's latest fiscal Q4/FY2026 earnings were reported on August 5, 2026, not October 5. The company's investor-relations calendar currently does not confirm an October 5 earnings release; external calendars are currently estimating the next report around early November, but that date has not been officially confirmed. Therefore, October 5 should be treated as a date to monitor rather than a confirmed SNDK earnings date unless Sandisk subsequently announces it. From a purely technical perspective, the setup is straightforward: $1,447 is structural support, $1,800–$1,850 is the confirmation zone, and $2,300–$2,330 is the larger upside reference area. Price action around the weekly higher low will determine whether the structure remains intact. This is technical analysis for educational purposes and not financial advice.

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  5. 15 September
  6. Follow-up15 Sept, 04:14

    ServiceNow: the zone opened at 145 and the low came in at 80

    Four marks in six months, and the first one was forty percent above the low. This is ServiceNow on the daily with our accumulation layer on it. The layer printed four times this year: in January just under one-fifty, in February in the high nineties, in April near eighty, and in June in the low nineties. Since that June mark it has printed nothing - sixty bars of silence - and the stock is at 142. Start with the January mark, because it is the one that teaches the most. What the mark means. Accumulate does not mark a bottom. It prints when price drops below the layer's reference line, and what it says at that moment is one thing: you have entered an area where a structural low is being built. Not that the low is in. Not that the falling has stopped. That you are now inside the part of the chart where accumulation - the slow, uneven, months-long kind - takes place. While price trades under the reference, the window is open. When the panel reads NO ACCUMULATION, it has shut. So look at January. The mark printed near one-forty-five. Over the next three months ServiceNow fell to eighty. If you read that mark as a signal, you spent a quarter watching a position lose almost half its value. If you read it as what it is - the opening of a zone - then February, April and June were not three more signals. They were the same process, still running, described three more times. Most tools would call the January print a failure. This one is built for exactly that shape. A layer whose premise is "a structural low is being constructed here" has to survive the construction, and construction on a chart looks like lower prices arriving over months. A layer that only printed at eighty would not be describing accumulation. It would be calling a bottom, which is a different claim and one no honest tool makes. Where it is now. Price is at 142. The reference sits at 108.64 and is rising. That is roughly thirty percent of daylight between the two, and the panel reads NO ACCUMULATION - the window that opened in January is shut. It shut without ceremony, somewhere in July, when price accepted above the reference and stayed there. The layer has had no opinion on ServiceNow since. That silence is correct. A stock that has gone from eighty to one-forty in five months is not accumulating; it is being bought. There is nothing in that for this layer to mark, so it marks nothing. The volume reading on the panel is low - which is worth knowing, and which is also not a signal of anything on its own. What it does not tell you. Not whether one-forty holds. Not whether the reference at 108 is ever revisited - the layer draws it, it does not defend it. And not what happens if price does come back down: a return under the reference would reopen the question, not answer it. One caveat, always. This chart is one where the zone was followed by a strong move. We are showing it because it is a clean illustration of the difference between a zone and a point, not because it is typical. Zones are followed by nothing at all often enough that any single chart proves the mechanism and nothing else. Educational market commentary - not financial advice.

    TITradingView Ideas
  7. 14 September
  8. 12 September