VanEck Semiconductors ETF (SMH)

$COST back to testing major resistance. Previous attempts led to sharp rejections. $SMH right there on the upper channel band trying to break through here. $CELH with a heavy sell-off today. Watch these two key support levels.

$KLAC hitting oversold levels and testing a key short-term support level that could offer up a bounce opportunity. Rising support underneath, could also provide another. $SMH short term and long-term support so far holding up today and price is attempting to bounce off of it. $PTEN Watching an inverse head and shoulders, but needs to

$NVDA earnings could change this with their earnings tomorrow, but so far, $SMH dead cat bounce running out of steam at short-term resistance formed by the double top. $TMST attempting to confirm the bear flag today, but support underneath could stabilize the stock. I didn't notice this $BIDU support level yesterday, but today, you're seeing

Michael Burry bought $CHTR and as you can see it is breaking out of a long-term basing pattern that goes back to last year. This one could have some legs to it. $VIX still can't break above resistance. Volatility shorts continue crushing the index with every bounce. Strong bounce so far today for $SMH, but

$ARKW continues to see heavy rejection at the declining resistance level going back to last May.  

$SMH struggling to hold the new breakout level today.    

Watch how $NKE responds to a potential test of its rising trend-line in the coming days.    

$DXY nearing a breakout above the ’23 highs.    

Careful with $LAZR despite the monster rally today that places price right at declining resistance.    

$VIX Inverse head and shoulders basing pattern forming that is worth watching for a potential breakout next week.