$SMH Key Support at $232 Amid Overbought Signals
$VanEck Semiconductor ETF(SMH)$ - Daily Chart:
Last week, in a publication for everyone I shared the S/R levels for SMH, the weekly ones expired already, but the monthly ones are still valid.
Check the support during the last four days: $232💪
The oscillator is at overbought zone, 50DMA is trending down as the 20DMA, so that level better holds tomorrow.
$Invesco QQQ(QQQ)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $NVIDIA Corp(NVDA)$
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https://x.com/SmartReversals/status/1836193013460082919
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