Back at its 0.236 Fib level again at $108 after testing this level last week and bouncing, making a lower low here will confirm the downtrend.
The $QQQ will struggle to test its 50 Day MA if $NVDA continues in this manner, as it will likely keep bringing down $AMD and $SMCI, also other semi related companies
$NVDA needs to hold above its previous low now.
Gareth Neary
2024-07-30 14:40:03 +0000 UTCArturo Leal
2024-07-30 14:33:54 +0000 UTCHuat
2024-07-30 14:02:19 +0000 UTC