Members Daily Analysis - May 22 2024Markets Sold off: IWM (Small caps) underperformed.
Most commodities hit on the downside: Gold, Silver, Copper, Oil
Natural Gas surging & squeezing
NVDA pumping on earnings: Our SOXL calls will print.
SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
SOXL
Semi Sector Analysis | $NVDA $AMD $SMH | Support & Resistance |- NASDAQ:NVDA still lead bull in the NASDAQ:SMH sector you can see AMD already has been dropping
- NVDA clear resistance 280 rejected multiple times
- SMH holding above its weekly support, 13 cents away from breaking on Friday.
- NASDAQ:MSFT and NASDAQ:GOOGL ER Tuesday AH will drag SMH which everyway the earnings come in.