The Nasdaq is printing all-time highs. The S&P is knocking on the door. Semiconductors, Industrials, Communications—you name it—they’re all breaking out together.
The playbook has been simple.
New highs… followed by bull flags… followed by more new highs.
This is what bull markets look like.
And right now, we’re seeing these bullish continuation patterns everywhere.
One group that we think is the next to go is Discretionary.
XLY is coiled up right at its former highs from 2021.
A breakout from here doesn’t just resolve this flag—it confirms a multi-year base and kicks off the next leg higher for consumer stocks.
We want to lean into these patterns for as long as they keep working. Same rules, same setups.
New highs. Bull flags. Let’s keep it simple.
We’re currently preparing a special report on homebuilders and the housing sector, with trade ideas on the best setups that could lead this market higher.
If you want access to that—and all our premium research, trade ideas, and strategy sessions—join ASC Premium.
Multiplying Returns In Breakouts
Strazza’s all in on this theme too.
He just bought calls in $XLY yesterday as part of his Breakout Multiplier strategy—same playbook, betting this coil resolves higher like all the others have. Join him here, RISK FREE, and get this trade.
Note: Breakout Multiplier was specifically designed to take the very best of Allstarcharts Research, and then execute those ideas in the open market.