NASDAQ 100 Daily Technical Analysis & Setups

NAS100 DAILY TECHNICAL ANALYSIS — Thursday 11 June 2026
Data: Close 11 Jun 2026 | NAS100: 29,446.18 | Change: +928.79 (+3.29%) | Range: 28,548.50 - 29,506.67



MARKET OVERVIEW

NAS100 ripped +3.29% (+928.79 points) to 29,446.18 on a 958-point session range, recovering the bulk of last week's semiconductor-led selloff. The index opened near the lows at 28,548 and trended higher all session, closing within 60 points of the high — a strong, one-directional recovery day.

The rally was driven almost entirely by semiconductors and AI infrastructure. Semi-cap equipment names exploded: KLAC +12.92%, LRCX +12.65%, MU +11.66%, AMAT +11.19% and MRVL +11.13%, with AMAT boosted by its Singapore manufacturing expansion announcement for AI chip demand. AMD added +7.97% and PANW +6.20%. Money is clearly rotating back into the AI hardware complex ahead of Friday's SpaceX IPO — the largest in history at a reported 1.75 trillion dollar valuation, with retail demand above 100 billion dollars.

The bounce came despite a hot PPI print Thursday morning — wholesale prices rising at their fastest pace since late 2022 — following Wednesday's CPI at 4.2% YoY (highest since April 2023, energy +23.5% YoY). VIX remains elevated at 22.22, so this is a high-volatility recovery, not a calm uptrend.

Bias: Short-term BULLISH — momentum recovery inside a still-damaged medium-term structure. Breadth is split (15 of 40 components above all key EMAs, 16 below all). FOMC on 17 June (new Fed chair Kevin Warsh's first meeting) is the key event risk.



TREND ANALYSIS

Structure: The 5 June semiconductor slide (-4% day) broke the short-term uptrend and printed a lower low. This week's recovery has now reclaimed a large portion of that decline — a higher low is potentially forming at 28,548, but the index needs to clear 29,785 (R1) and then the pre-selloff highs to confirm resumption of the uptrend. Until then this is a recovery rally within a corrective phase.

Component EMA stack (40 stocks): 15 Bull (above all EMAs), 6 Bear (below 20/50 but above 200), 16 Bear (below all EMAs), 3 Mixed. The split is stark: semiconductors and cybersecurity are in full bullish alignment while mega-cap software (MSFT, ADBE, INTU, WDAY) and consumer internet (META, NFLX, PYPL) are in established downtrends below all EMAs.

Phase: V-shaped recovery / potential reversal day confirmed by breadth thrust in semis. Not yet a confirmed new uptrend.



INDICATOR SIGNALS

RSI (14): Component RSI averages ~48 — neutral at the index level. Extremes: KLAC 72.3 and AMAT 72.2 are overbought; NFLX 31.2, PYPL 32.0, INTU 32.6 and ADBE 34.3 are washed out near oversold. No index-level divergence; semis RSI confirming price strength.

MACD: Fresh bullish crossovers fired in the semi-cap group — KLAC, LRCX, MRVL and AMAT all have MACD line above signal with rising histograms. Mega-cap software MACDs remain firmly bearish (MSFT -2.47 vs +2.62 signal, INTU -25.92). Early bullish crosses (line still below zero) in BKNG, ISRG, REGN and TMUS — potential basing candidates.

Volume: The rally leaders printed conviction volume: KLAC 1.54x average, LRCX 1.48x, AMAT 1.35x. ADBE traded 2.34x average into earnings. MSFT's decline came on 1.22x volume — distribution. Overall volume confirms the semi rotation rather than broad accumulation.



KEY NAS100 INDEX LEVELS

Resistance:
R1: 29,506 — Thursday's high; first barrier
R2: 29,785 — classic pivot R1; clearing this confirms recovery momentum
R3: 30,000-30,125 — major round number plus pivot R2; pre-selloff supply zone

Support:
S1: 29,000 — round number, intraday breakout shelf
S2: 28,827 — classic pivot S1
S3: 28,548 — Thursday's low; line in the sand for the recovery. Below that, 28,208 (pivot S2)

Classic Pivots: S2 28,208.95 · S1 28,827.56 · Pivot 29,167.12 · R1 29,785.73 · R2 30,125.29

Psychological levels: 29,000 · 29,500 · 30,000



NASDAQ COMPONENT SIGNALS (40 STOCKS)

Format: Ticker — Trend · RSI · MACD · vs 52w High · Day Change · POC position

AAPL — Mixed/Recovery · RSI 48.1 · MACD Bear · -6.9% · +1.39% · Above POC
ABNB — Bear (below all) · RSI 43.4 · MACD Bear · -11.1% · +1.37% · Below POC
ADBE — Bear (below all) · RSI 34.3 · MACD Bear · -47.5% · -6.25% · Below POC
ADI — Bull (above all) · RSI 52.4 · MACD Bear · -6.3% · +4.96% · Above POC
AMAT — Bull (above all) · RSI 72.2 OB · MACD Bull · -0.9% · +11.19% · Above POC
AMD — Bull (above all) · RSI 56.9 · MACD Bear · -10.6% · +7.97% · Above POC
AMZN — Bear (below 20/50) · RSI 36.6 · MACD Bear · -13.4% · +1.40% · Below POC
AVGO — Bear (below 20/50) · RSI 42.1 · MACD Bear · -22.2% · +3.55% · Below POC
BKNG — Bear (below all) · RSI 47.7 · MACD Bull · -30.0% · +1.84% · Below POC
CDNS — Bull (above all) · RSI 55.1 · MACD Bear · -7.9% · -0.36% · Above POC
CEG — Bear (below all) · RSI 35.3 · MACD Bear · -40.2% · +1.82% · Below POC
COST — Bear (below 20/50) · RSI 43.8 · MACD Bear · -11.0% · -0.78% · Below POC
CRWD — Bull (above all) · RSI 60.5 · MACD Bear · -12.0% · +6.76% · Above POC
CSCO — Bull (above all) · RSI 60.2 · MACD Bear · -6.6% · +2.55% · Above POC
DASH — Bear (below all) · RSI 46.0 · MACD Bear · -45.9% · +2.38% · Below POC
FTNT — Bull (above all) · RSI 68.6 · MACD Bear · -3.3% · +4.45% · Above POC
GOOGL — Bear (below 20/50) · RSI 40.7 · MACD Bear · -12.4% · +0.39% · Above POC
INTU — Bear (below all) · RSI 32.6 · MACD Bear · -66.0% · -2.57% · Below POC
ISRG — Bear (below all) · RSI 41.2 · MACD Bull · -31.6% · +0.21% · Below POC
KLAC — Bull (above all) · RSI 72.3 OB · MACD Bull · -0.8% · +12.92% · Above POC
LIN — Bull (above all) · RSI 56.9 · MACD Bull · -1.4% · +1.23% · Above POC
LRCX — Bull (above all) · RSI 67.7 · MACD Bull · -0.6% · +12.65% · Above POC
MAR — Bull (above all) · RSI 67.1 · MACD Bull · -0.5% · +2.76% · Above POC
MELI — Bear (below all) · RSI 43.2 · MACD Bear · -39.1% · +1.37% · Below POC
META — Bear (below all) · RSI 35.0 · MACD Bear · -28.6% · -0.45% · Below POC
MRVL — Bull (above all) · RSI 63.3 · MACD Bull · -13.4% · +11.13% · Above POC
MSFT — Bear (below all) · RSI 36.8 · MACD Bear · -29.7% · -1.77% · Below POC
MU — Bull (above all) · RSI 62.1 · MACD Bear · -8.6% · +11.66% · Above POC
NFLX — Bear (below all) · RSI 31.2 · MACD Bear · -39.4% · -0.89% · Below POC
NVDA — Bear (below 20/50) · RSI 45.0 · MACD Bear · -13.4% · +2.22% · Above POC
ORLY — Mixed/Recovery · RSI 49.6 · MACD Bull · -17.1% · -0.40% · Below POC
PANW — Bull (above all) · RSI 64.8 · MACD Bear · -7.7% · +6.20% · Above POC
PYPL — Bear (below all) · RSI 32.0 · MACD Bear · -48.1% · +1.33% · Below POC
QCOM — Mixed/Recovery · RSI 47.6 · MACD Bear · -21.9% · +6.15% · Above POC
REGN — Bear (below all) · RSI 37.5 · MACD Bull · -25.5% · +1.63% · Below POC
SNPS — Bear (below all) · RSI 39.5 · MACD Bear · -30.0% · -0.92% · Below POC
TMUS — Bear (below all) · RSI 47.4 · MACD Bull · -29.0% · +0.15% · Below POC
TSLA — Bear (below 20/50) · RSI 46.3 · MACD Bear · -20.0% · +4.60% · Above POC
TXN — Bull (above all) · RSI 53.0 · MACD Bear · -10.4% · +5.35% · Above POC
WDAY — Bear (below all) · RSI 46.4 · MACD Bear · -49.1% · -5.05% · Above POC



SECTOR GROUPING

Semiconductors (AVGO, AMD, QCOM, TXN, AMAT, MU, LRCX, KLAC, ADI, MRVL, NVDA): BULLISH — the engine of the rally. Equipment makers (AMAT, LRCX, KLAC) within 1% of 52-week highs with fresh MACD bull crosses on heavy volume. MU and MRVL confirming. NVDA and AVGO lagging the group, still below their 20/50 EMAs — watch for catch-up or a warning divergence.

Mega-cap Tech (AAPL, MSFT, GOOGL, AMZN, META, TSLA, NVDA): BEARISH — the laggard complex. MSFT and META below all EMAs with bearish MACD; AMZN, GOOGL, TSLA below 20/50 EMAs. Only AAPL is near neutral. The index cannot make sustained new highs without this group stabilising.

Software/Cloud (ADBE, INTU, SNPS, CDNS, CRWD, PANW, FTNT, WDAY): Split — cybersecurity BULLISH (CRWD, PANW, FTNT all above all EMAs, RSI 60+), application software BEARISH (ADBE -47.5% from highs post-earnings slide, INTU -66%, WDAY -49.1% — AI disruption fears hammering the group).

Consumer/Internet (NFLX, BKNG, MELI, ABNB, DASH, PYPL, ORLY, MAR): BEARISH with one exception — MAR is in full bullish alignment 0.5% off its 52-week high. NFLX and PYPL are at washed-out RSI levels near 52-week lows.

Healthcare/Biotech (ISRG, REGN): BEARISH but basing — both have early MACD bull crosses below zero. Recovery watch.

Industrial/Other (LIN, TMUS, CEG, CSCO): Mixed — LIN and CSCO bullish above all EMAs; CEG -40% from highs near its 52-week low; TMUS basing with an early MACD cross.



TOP SWING TRADE SETUPS

1. AMAT — Breakout Continuation (Long)
+11.19% on 1.35x volume, MACD bull cross, closed 552.64 just 0.9% off the 52-week high (557.62). RSI 72 is hot, so chase risk is real — the higher-probability entry is the pullback to the pivot zone. POC at 417.58 far below confirms longs are in control.
Entry: 543-545 (pivot retest) · Stop: 514 (1x ATR 30) · T1: 567 (R1) · T2: 604 (R3) · R:R: 1:2.0
Confluence: EMA stack fully bullish (552 > 470 > 431 > 331), volume thrust, new-high proximity, AI capex news catalyst.

2. LRCX — Momentum Leader (Long)
+12.65% on 1.48x volume, MACD freshly bullish, 0.6% off the 52-week high (364.81). Same semi-cap tailwind as AMAT with a slightly cleaner RSI (67.7, not yet overbought).
Entry: 354-356 (pivot retest) · Stop: 334 (1x ATR 21) · T1: 373 (R1) · T2: 401 (R3) · R:R: 1:2.2
Confluence: Full bull EMA alignment, conviction volume, POC 272 well below price.

3. MU — Trend Resumption (Long)
+11.66% to 995.87, reclaiming the 20 EMA (883) decisively. RSI 62 leaves headroom before overbought. 52-week high 1,089 is the magnet.
Entry: 960-965 (pivot retest) · Stop: 888 (1x ATR 75) · T1: 1,030 (R1) · T2: 1,089 (52w high) · R:R: 1:1.7
Confluence: POC 630 far below, memory pricing cycle strength, group momentum.

4. MRVL — MACD Cross + Volume (Long)
+11.13% to 280.71 with a fresh MACD bull cross (31.09 vs 29.05). Still -13.4% from its 52-week high (324.20) so more room to run than the equipment names.
Entry: 273-275 (pivot retest) · Stop: 247 (1x ATR 27) · T1: 298 (R2) · T2: 324 (52w high) · R:R: 1:1.9
Confluence: Bull EMA stack, POC 194 deep below, laggard catch-up potential within a leading sector.

5. MAR — Quiet Breakout Watch (Long)
The stealth setup: full bull EMA alignment, MACD bullish, RSI 67.1, closed 396.89 just 0.5% under the 52-week high (398.96). Not a semi — diversification from the crowded AI trade.
Entry: 399.20 (break of 52w high) · Stop: 390 (1x ATR 9) · T1: 408 · T2: 417 · R:R: 1:2.0
Confluence: Tight ATR keeps risk small, POC 356.79 supportive, clean base under resistance.



INTRADAY SETUPS

Pivot Bounce — AMD (Long)
Full bull EMA stack with classic pivot at 478.98 and Cam S4 at 470.61 stacked beneath — a buy-the-dip zone with trend confirmation.
Entry: 479-481 (pivot bounce) · Stop: 470 (below Cam S4) · Target: 499.90 (R1) · Direction: Long · R:R: 1:2.1

Pivot Bounce — NVDA (Long, aggressive)
Closed 204.87 above POC (201.17) with pivot 203.36 and S1 201.05 directly below. Bounce candidate if the semi rotation broadens — but trend is only Bear (below 20/50), so this is countertrend on the daily.
Entry: 201.10-201.50 (S1 + POC confluence) · Stop: 199.00 (under day low 199.54) · Target: 207.17 (R1) · Direction: Long · R:R: 1:2.7

Camarilla Range — AAPL (Long off S3)
Low relative volume (0.82x) and a tight Camarilla band — classic range-day candidate.
Entry: 293.60 (Cam S3) · Stop: 291.40 (below Cam S4 291.55) · Target: 297.67 (Cam R3) · Direction: Long · R:R: 1:1.8

Camarilla Breakout — AMAT (Long)
If momentum continues, a push through Cam R4 signals a trend day.
Entry: 573.50 (break of Cam R4 573.39) · Stop: 559.50 (Cam R2) · Target: 581 (R2) then 595+ · Direction: Long · R:R: 1:1.6 to T2

Camarilla Breakdown — MSFT (Short)
The weakest mega-cap: below all EMAs, MACD bearish, -1.77% on 1.22x volume while the index rallied 3.3%. A break of Cam S4 signals a distribution trend day.
Entry: 383.00 (break of Cam S4 383.27) · Stop: 387.00 (Cam S3 386.81) · Target: 377.55 (S2) · Direction: Short · R:R: 1:1.4



KEY LEVELS DASHBOARD — TOP 5 TRADEABLE STOCKS

AMAT — Close 552.64
Cam: S4 531.89 · S3 542.27 · S2 545.72 · S1 549.18 || R1 556.10 · R2 559.56 · R3 563.01 · R4 573.39
Classic: S3 491.43 · S2 505.67 · S1 529.15 · Pivot 543.39 · R1 566.87 · R2 581.11 · R3 604.59
EMA: 20 469.95 · 50 430.56 · 200 330.87 · POC: 417.58
Prev Day H/L: 557.62 / 519.90 · 52w H/L: 557.62 / 154.47

MU — Close 995.87
Cam: S4 940.17 · S3 968.02 · S2 977.30 · S1 986.59 || R1 1,005.15 · R2 1,014.44 · R3 1,023.72 · R4 1,051.57
Classic: S3 827.39 · S2 861.44 · S1 928.66 · Pivot 962.71 · R1 1,029.93 · R2 1,063.98 · R3 1,131.20
EMA: 20 883.18 · 50 725.49 · 200 438.92 · POC: 630.64
Prev Day H/L: 996.77 / 895.50 · 52w H/L: 1,089.29 / 103.38

NVDA — Close 204.87
Cam: S4 201.50 · S3 203.19 · S2 203.75 · S1 204.31 || R1 205.43 · R2 205.99 · R3 206.55 · R4 208.24
Classic: S3 194.93 · S2 197.24 · S1 201.05 · Pivot 203.36 · R1 207.17 · R2 209.48 · R3 213.29
EMA: 20 211.78 · 50 206.65 · 200 187.06 · POC: 201.17
Prev Day H/L: 205.66 / 199.54 · 52w H/L: 236.54 / 140.86

TSLA — Close 399.15
Cam: S4 388.77 · S3 393.96 · S2 395.69 · S1 397.42 || R1 400.88 · R2 402.61 · R3 404.34 · R4 409.53
Classic: S3 367.81 · S2 374.24 · S1 386.69 · Pivot 393.12 · R1 405.57 · R2 412.00 · R3 424.45
EMA: 20 410.39 · 50 406.33 · 200 396.53 · POC: 391.14
Prev Day H/L: 399.54 / 380.66 · 52w H/L: 498.83 / 288.77

META — Close 568.43
Cam: S4 560.09 · S3 564.26 · S2 565.65 · S1 567.04 || R1 569.82 · R2 571.21 · R3 572.60 · R4 576.77
Classic: S3 544.41 · S2 550.71 · S1 559.57 · Pivot 565.87 · R1 574.73 · R2 581.03 · R3 589.89
EMA: 20 603.09 · 50 615.80 · 200 640.39 · POC: 609.70
Prev Day H/L: 572.17 / 557.01 · 52w H/L: 796.25 / 520.26



BEARISH WARNINGS

ADBE — Reported Q2 FY26 earnings after Thursday's close: revenue 6.62 billion dollars (+13% YoY) but the stock fell a further ~5% after hours to around 207 after closing -6.25% at 218.80 on 2.34x volume. Down 47.5% from its 52-week high with AI-disruption fears dominating. Below all EMAs. No bottom signal yet.

MSFT — Below all EMAs (close 390.34 vs EMA200 435.34), MACD bearish, fell -1.77% on above-average volume during a +3.29% index day. Relative weakness this severe in the index's largest weight is the single biggest threat to the recovery. 52-week low 356.28 is the risk magnet.

INTU — Down 66% from its 52-week high, RSI 32.6, MACD deeply negative, closed 276.91 barely above the 52-week low (273.27). Falling knife — no long until a base forms.

NFLX — RSI 31.2, below all EMAs, 8% above its 52-week low (75.01). Failed to bounce on a strong index day (-0.89%).

CEG — Closed 246.71, 2.6% above its 52-week low (240.51), down 40% from highs. The former AI-power darling remains in full breakdown.

Overbought caution — KLAC (RSI 72.3) and AMAT (RSI 72.2) are extended after 12%+ single-day gains. Strong hands hold, new longs wait for the pullback entries above.



EVENTS CALENDAR

Fri 12 Jun — SpaceX (SPCX) IPO on Nasdaq, largest in history at ~1.75 trillion dollar valuation. Expect liquidity rotation and elevated index volatility around the open.
Wed 17 Jun — FOMC rate decision 2:00pm ET + press conference. First meeting chaired by Kevin Warsh. Markets expect a hold at 3.50%-3.75%, but with CPI at 4.2% YoY and PPI running hot, the statement tone is the risk.
Earnings — ADBE reported 11 Jun after the close (see Bearish Warnings). MU earnings expected late June (memory-cycle bellwether for the semi rally). No other tracked-40 reports imminent.
Backdrop — May CPI 4.2% YoY (hottest since April 2023), May PPI fastest pace since late 2022. Inflation re-acceleration is the macro overhang into the FOMC.



Report: 11 June 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NAS100 DAILY TECHNICAL ANALYSIS — WEDNESDAY 10 JUNE 2026
Data: Close 10 Jun 2026 | NAS100: 28,508 | Change: -577 (-1.98%) | Range: approx 28,420-29,060



MARKET OVERVIEW

A heavy risk-off session. NAS100 closed at 28,508, down roughly 577 points (-1.98%), with the Dow off 953 points (-1.87%) and the S&P 500 down 1.6%. Two drivers did the damage: May CPI printed 4.2% YoY — the hottest reading in three years, reviving rate-HIKE chatter just one week before the FOMC — and renewed US-Iran military strikes knocked risk appetite for a second straight day. VIX held near 20.

This extends a brutal stretch for tech: the 4-5 June semiconductor crash (AVGO -14% on soft AI guidance, SOXX -10%) was followed by a one-day bounce, then renewed selling Tuesday (-1.12%) and again today. Breadth was poor — 32 of our 40 tracked NASDAQ components closed red.

Bias: BEARISH short-term. Index is below its 20- and 50-day EMAs with momentum pointing down into a high-risk event window (PPI Thursday, FOMC next Wednesday).



TREND ANALYSIS

Component breadth tells the structural story: only 13/40 stocks closed above their EMA20, 17/40 above EMA50, and 22/40 above EMA200. MACD is bearish on 30 of 40 names. Fifteen stocks now carry an active death cross (EMA50 below EMA200) — including MSFT, META, NFLX, ADBE and INTU.

Market structure on the index is a sequence of lower highs and lower lows since the early-June semi-led breakdown. The 8 June bounce to ~29,415 failed well below the prior swing high, and today's close took out Tuesday's low. Phase: trending lower — this is distribution, not consolidation. The one genuine pocket of strength is semiconductor equipment (AMAT, KLAC, LRCX) plus memory (MU), which remain above all major EMAs despite today's losses.



INDICATOR SIGNALS

RSI: Index-level momentum is bearish but not yet washed out. Component RSIs cluster in the 32-46 zone; PYPL (27.2) is the only true oversold name, with AMZN (32.5), CEG (32.2), NFLX (33.0) and REGN (33.3) approaching capitulation territory. No overbought readings anywhere on the board.

MACD: 30/40 components have MACD below signal. Fresh bearish momentum today in AMD, MU and LRCX (price strong, MACD rolling over) is a warning that even the leaders are tiring.

Volume: Relative volume was below average on most names (only 10/40 above their 20-day average). The heaviest prints were in the semis — KLAC 1.45x, LRCX 1.44x, AMAT 1.24x, AVGO 1.24x — confirming that the battle is being fought in chips. Selling on light volume elsewhere softens the bear case slightly: this was risk-reduction, not yet panic liquidation.



KEY NAS100 INDEX LEVELS

Resistance:
R3: 29,400-29,415 — 8 June rebound high; bulls need this back to repair the chart
R2: 29,085 — Tuesday's close / breakdown origin
R1: 28,750 — today's afternoon breakdown shelf; first supply on any bounce

Support:
S1: 28,400 — today's session low zone
S2: 28,000 — round-number psychological level
S3: 27,500 — early-June panic low region; loss of this opens a deeper leg down

Classic pivots (derived from estimated session range): S2 28,023 · S1 28,265 · Pivot 28,663 · R1 28,905 · R2 29,303

Round numbers: 28,000 and 29,000 are the magnets either side of price.



NASDAQ COMPONENT SIGNALS

Format: Trend | RSI | MACD | % from 52-week high | Day change | Close vs POC (60-day volume point of control)

MEGA-CAP TECH
AAPL: Mixed/Recovery | RSI 43.8 (Bear) | MACD Bear | -8.1% vs 52wH | Day +0.35% | POC Above
MSFT: Bear (below all) | RSI 39.4 (Bear) | MACD Bear | -28.5% vs 52wH | Day -1.50% | POC Below
NVDA: Bear (below 20/50) | RSI 41.1 (Bear) | MACD Bear | -15.3% vs 52wH | Day -3.73% | POC Below
AMZN: Bear (below 20/50) | RSI 32.5 (Bear) | MACD Bear | -14.6% vs 52wH | Day -2.53% | POC Below
META: Bear (below all) | RSI 35.7 (Bear) | MACD Bear | -28.3% vs 52wH | Day -2.33% | POC Below
GOOGL: Bear (below 20/50) | RSI 39.6 (Bear) | MACD Bear | -12.8% vs 52wH | Day -2.16% | POC Above
TSLA: Bear (below all) | RSI 39.4 (Bear) | MACD Bear | -23.5% vs 52wH | Day -3.80% | POC Below

SEMICONDUCTORS
AVGO: Bear (below 20/50) | RSI 37.8 (Bear) | MACD Bear | -24.8% vs 52wH | Day -5.12% | POC Below
AMD: Mixed/Recovery | RSI 50.4 (Neut) | MACD Bear | -17.2% vs 52wH | Day -4.86% | POC Above
QCOM: Bear (below 20/50) | RSI 43.3 (Bear) | MACD Bear | -26.4% vs 52wH | Day -6.92% | POC Above
TXN: Mixed/Recovery | RSI 45.1 (Neut) | MACD Bear | -14.9% vs 52wH | Day -2.29% | POC Above
AMAT: Bull (above all) | RSI 63.3 (Bull) | MACD Bull | -7.0% vs 52wH | Day -0.44% | POC Above
MU: Bull (above all) | RSI 55.5 (Bull) | MACD Bear | -18.1% vs 52wH | Day -4.70% | POC Above
LRCX: Bull (above all) | RSI 57.0 (Bull) | MACD Bear | -7.8% vs 52wH | Day -1.64% | POC Above
KLAC: Bull (above all) | RSI 62.6 (Bull) | MACD Bull | -7.3% vs 52wH | Day -0.17% | POC Above
ADI: Mixed/Recovery | RSI 45.0 (Bear) | MACD Bear | -10.7% vs 52wH | Day -2.95% | POC Above
MRVL: Bull (above all) | RSI 58.2 (Bull) | MACD Bull | -22.1% vs 52wH | Day -5.35% | POC Above

SOFTWARE / CLOUD
ADBE: Bear (below all) | RSI 40.6 (Bear) | MACD Bear | -44.4% vs 52wH | Day -1.89% | POC Below
INTU: Bear (below all) | RSI 34.0 (Bear) | MACD Bear | -65.1% vs 52wH | Day -3.25% | POC Below
CSCO: Bull (above all) | RSI 56.9 (Bull) | MACD Bear | -8.9% vs 52wH | Day -1.30% | POC Above
PANW: Bull (above all) | RSI 58.7 (Bull) | MACD Bear | -13.1% vs 52wH | Day +1.04% | POC Above
CRWD: Mixed/Recovery | RSI 53.9 (Neut) | MACD Bear | -17.6% vs 52wH | Day +0.44% | POC Above
FTNT: Bull (above all) | RSI 63.9 (Bull) | MACD Bear | -7.5% vs 52wH | Day +0.35% | POC Above
WDAY: Bull (above 20/50) | RSI 52.3 (Neut) | MACD Bull | -46.5% vs 52wH | Day -1.97% | POC Above
SNPS: Bear (below all) | RSI 40.7 (Bear) | MACD Bear | -29.3% vs 52wH | Day -1.02% | POC Below
CDNS: Bull (above all) | RSI 55.7 (Bull) | MACD Bear | -7.6% vs 52wH | Day -1.48% | POC Above

CONSUMER / INTERNET
COST: Bear (below 20/50) | RSI 46.0 (Neut) | MACD Bear | -10.3% vs 52wH | Day +1.53% | POC Below
NFLX: Bear (below all) | RSI 33.0 (Bear) | MACD Bear | -38.9% vs 52wH | Day +0.72% | POC Below
BKNG: Bear (below all) | RSI 43.2 (Bear) | MACD Bull | -31.2% vs 52wH | Day -2.04% | POC Below
MELI: Bear (below all) | RSI 40.3 (Bear) | MACD Bear | -40.0% vs 52wH | Day -3.22% | POC Below
MAR: Bull (above all) | RSI 61.1 (Bull) | MACD Bull | -3.2% vs 52wH | Day -1.87% | POC Above
ABNB: Bear (below all) | RSI 39.0 (Bear) | MACD Bear | -12.3% vs 52wH | Day -1.71% | POC Below
DASH: Bear (below all) | RSI 42.4 (Bear) | MACD Bear | -47.1% vs 52wH | Day -3.00% | POC Below
PYPL: Bear (below all) | RSI 27.2 (OS) | MACD Bear | -48.8% vs 52wH | Day -1.83% | POC Below
ORLY: Mixed/Recovery | RSI 50.9 (Neut) | MACD Bull | -16.8% vs 52wH | Day +1.08% | POC Below

HEALTHCARE / BIOTECH
ISRG: Bear (below all) | RSI 40.7 (Bear) | MACD Bull | -31.8% vs 52wH | Day -3.42% | POC Below
REGN: Bear (below all) | RSI 33.3 (Bear) | MACD Bull | -26.7% vs 52wH | Day -2.36% | POC Below

INDUSTRIAL / OTHER
LIN: Bull (above all) | RSI 52.8 (Neut) | MACD Bull | -2.6% vs 52wH | Day -1.25% | POC Above
CEG: Bear (below all) | RSI 32.2 (Bear) | MACD Bear | -41.3% vs 52wH | Day -3.72% | POC Below
TMUS: Bear (below all) | RSI 46.9 (Neut) | MACD Bear | -29.1% vs 52wH | Day +3.39% | POC Below



SECTOR READ

Semiconductor equipment + memory — the last leaders. AMAT, KLAC, LRCX, MU, MRVL all hold full bull EMA stacks, but every one of them printed an outside-day reversal off 52-week highs (KLAC high 2,304 close 2,136; AMAT high 534 close 497) on the board's heaviest volume. Leaders cracking is how corrections mature — watch these five closely.

Mega-cap tech — broken. Six of seven below their 20/50-day EMAs; MSFT, META, TSLA below everything. AAPL is the only one holding above its EMA50. There is no index rally without this group.

Software/cloud — split. Cyber security (PANW, FTNT, CRWD) and design tools (CDNS) resilient; ADBE (-44% off highs, earnings tomorrow), INTU and SNPS in established downtrends.

Consumer/internet — weakest sector. Six of nine below all EMAs. PYPL oversold at multi-year lows, DASH -47% off highs, MELI -40%.

Healthcare and utilities-adjacent — no hiding place. ISRG, REGN, CEG all below all EMAs. Only LIN (-2.6% from highs) is behaving like the defensive it is.



TOP SWING TRADE SETUPS

1. KLAC — LONG the pullback into support
Strongest stock on the board: above all EMAs, RSI 62.6, MACD bullish, highest relative volume (1.45x). Today's reversal off the 2,304 52-week high should find buyers at the S1/Camarilla S4 shelf.
Entry: 2,070 (classic S1 2,070.66) · Stop: 1,995 (below classic S2) · T1: 2,186 (Cam R3) · T2: 2,300 (52w high) · R:R: 1:1.5 / 1:3.1
POC sits far below at 1,777 — price is extended, so wait for the level; do not chase.

2. AMAT — LONG the dip in the uptrend
Above all EMAs, RSI 63.3, MACD bullish, 1.24x volume. Same pattern as KLAC: reversal off a 52-week high (534.44) into rising support.
Entry: 483 (classic S1 483.11) · Stop: 466 (below classic S2 469.22) · T1: 508 (Cam R3 / pivot) · T2: 534 (52w high) · R:R: 1:1.5 / 1:3.0
EMA20 at 461 is the line in the sand for the whole semi-equipment trade.

3. MAR — LONG relative strength
Quietly one of the best charts in the index: above all EMAs, RSI 61.1, MACD bullish, only -3.2% from its 52-week high while the market bleeds.
Entry: 381.50 (classic S1 381.42) · Stop: 374.00 (below classic S2) · T1: 389.90 (Cam R3) · T2: 398.90 (52w high) · R:R: 1:1.1 / 1:2.3
Close above POC (355.82) by 30 points — institutional positioning supports the long side.

4. META — SHORT the bounce
Below all EMAs with an active death cross (EMA50 617.74 below EMA200 641.11), MACD bearish and accelerating, RSI 35.7 with room to fall. Close 40 points below POC (610.62) — sellers control the volume profile.
Entry: 577.50 (retest of classic pivot 577.63) · Stop: 591.50 (above today's high 591.32) · T1: 563.95 (classic S1) · T2: 543.25 (classic S3) · R:R: 1:1.0 / 1:2.4
T2 sits just above the 52-week low at 520.26.

5. LIN — LONG the defensive
The portfolio hedge of the list: above all EMAs, MACD bullish, -2.6% from its high, low beta. If markets stay risk-off, money keeps hiding here.
Entry: 504.25 (Cam S3 / EMA20 confluence at 506) · Stop: 494.00 (below classic S2 494.42) · T1: 514.10 (Cam R3) · T2: 522.90 (52w high) · R:R: 1:1.0 / 1:1.8
POC at 500.33 directly under the entry adds volume support.



INTRADAY SETUPS (Thursday 11 June)

Pivot Bounce — CSCO LONG off S1
Bull trend (above all EMAs) closing right on classic S1 117.79 with the tightest Camarilla structure in its group.
Entry: 117.80-118.00 on hold of S1 · Stop: 116.90 (below Cam S4 117.38) · T1: 119.37 (pivot) · T2: 120.38 (classic R1) · Direction: LONG
Confluence: uptrend intact, close above POC (98.76 far below), shallow pullback only.

Pivot Bounce — MRVL LONG off S1
Bull stack intact despite -5.35% day; price closed almost exactly on the session low at classic S1 245.74 zone.
Entry: 246.00 on stabilisation above S1 · Stop: 240.90 (below Cam S4 241.47) · T1: 252.50 (today's close) · T2: 258.15 (Cam R3) · Direction: LONG
MACD still bullish (31.12 vs 28.54) — treat a close below 241 as the setup failing.

Pivot Fade — MSFT SHORT into the pivot
Trend is down (below all EMAs, death cross); rallies into the classic pivot are for selling.
Entry: 399.50-400.00 (pivot 399.85) · Stop: 402.00 (above Cam R4 401.69) · T1: 394.67 (classic S1) · T2: 391.97 (classic S2) · Direction: SHORT
Below POC 406.98 — volume profile confirms supply overhead.

Camarilla Range — INTU
Tightest Camarilla band on the board (Cam S3-R3 spans only 0.28x ATR). Range rules apply while inside.
Buy: 281.40 (Cam S3 281.35), stop 278.40 (below Cam S4) · Sell: 287.00 (Cam R3 287.09), stop 290.00 (above Cam R4) · Target: opposite band
Caution: dominant trend is down — size the long side smaller.

Camarilla Breakout — QCOM SHORT on S4 break
Biggest loser today (-6.92%) with follow-through risk. A break of Cam S4 signals a trend day lower.
Entry: 182.90 (break of Cam S4 183.06) · Stop: 187.20 (back above Cam S3 187.13) · T1: 180.60 (classic S2) · T2: 171.10 (classic S3) · Direction: SHORT
Note: still above POC 184.76 at the close — only take the trade on the actual S4 break, not pre-emptively.



KEY LEVELS DASHBOARD — TOP 5 TRADEABLE

NVDA (close 200.42)
Cam: S4 196.41 · S3 198.41 · S2 199.08 · S1 199.75 || R1 201.09 · R2 201.76 · R3 202.43 · R4 204.44
Classic: S3 190.52 · S2 195.22 · S1 197.82 · Pivot 202.52 · R1 205.12 · R2 209.82 · R3 212.42
EMA: 20 = 212.51 · 50 = 206.72 · 200 = 186.88 | POC: 200.80
Session H/L: 207.22 / 199.92 | 52w H/L: 236.54 / 140.86

TSLA (close 381.59)
Cam: S4 372.27 · S3 376.93 || R3 386.25 · R4 390.91
Classic: S3 358.52 · S2 369.34 · S1 375.46 · Pivot 386.28 · R1 392.40 · R2 403.22 · R3 409.34
EMA: 20 = 411.58 · 50 = 406.62 · 200 = 396.51 | POC: 391.20
Session H/L: 397.09 / 380.15 | 52w H/L: 498.83 / 288.77

META (close 570.98)
Cam: S4 559.58 · S3 565.28 || R3 576.68 · R4 582.38
Classic: S3 543.23 · S2 556.91 · S1 563.95 · Pivot 577.63 · R1 584.67 · R2 598.35 · R3 605.39
EMA: 20 = 606.74 · 50 = 617.74 · 200 = 641.11 | POC: 610.62
Session H/L: 591.32 / 570.60 | 52w H/L: 796.25 / 520.26

AMD (close 452.40)
Cam: S4 436.38 · S3 444.39 || R3 460.41 · R4 468.42
Classic: S3 412.22 · S2 430.27 · S1 441.34 · Pivot 459.39 · R1 470.46 · R2 488.51 · R3 499.58
EMA: 20 = 468.27 · 50 = 397.55 · 200 = 271.04 | POC: 344.57
Session H/L: 477.45 / 448.33 | 52w H/L: 546.44 / 115.06

MU (close 891.88)
Cam: S4 851.05 · S3 871.47 || R3 912.29 · R4 932.71
Classic: S3 790.03 · S2 836.64 · S1 864.26 · Pivot 910.87 · R1 938.49 · R2 985.10 · R3 1,012.72
EMA: 20 = 871.31 · 50 = 714.45 · 200 = 433.32 | POC: 622.06
Session H/L: 957.48 / 883.25 | 52w H/L: 1,089.29 / 103.38



BEARISH WARNINGS

BEARISH — ADBE: reports Q2 FY26 earnings tomorrow (Thu 11 June, after close) sitting -44.4% off its high, below all EMAs with a death cross. Street looks for ~$5.01 EPS on ~$6.45bn revenue. Binary event — high gap risk both ways.
BEARISH — MSFT: death cross active (EMA50 415.64 vs EMA200 435.79), closed below all EMAs at 397.36, -28.5% from its 52-week high. A mega-cap in a confirmed downtrend caps the index.
BEARISH — TSLA: below all EMAs and the EMA50 (406.62) is closing fast on the EMA200 (396.51) — a death cross could print within days.
BEARISH — PYPL: RSI 27.2 (only oversold name), -48.8% from its high at 40.70. No bullish divergence yet — oversold can stay oversold.
BEARISH — INTU: -65.1% from its 52-week high, the worst drawdown on the board. Below all EMAs, RSI 34.
BEARISH — CEG: -41.3% off highs, RSI 32.2, MACD bearish — the AI-power trade continues to unwind.
BEARISH — Leader reversals: MRVL (-5.35%), MU (-4.70%), AMD (-4.86%) all printed heavy reversal candles. If the last leaders break their EMA20s (MU 871, AMAT 461, KLAC 1,977), the correction enters a new phase.

Death crosses now active on 15 of 40 tracked names: MSFT, META, NFLX, ADBE, TMUS, ISRG, INTU, BKNG, REGN, MELI, DASH, CEG, WDAY, PYPL, ORLY.



EVENTS CALENDAR

Thu 11 June — US PPI (May) pre-market + weekly jobless claims. After today's hot CPI (4.2% YoY), a hot PPI would cement hawkish FOMC fears.
Thu 11 June — ADBE Q2 FY26 earnings after the close (est. EPS ~$5.01, rev ~$6.43-6.48bn).
Tue-Wed 16-17 June — FOMC meeting with updated dot plot; decision 7pm UK time Wednesday. The week's defining event.
Wed 24 June — MU Q3 earnings: the verdict on the entire memory/AI-capex trade.
Ongoing — US-Iran military escalation; headline risk can hit futures at any hour.



BOTTOM LINE

The tape is bearish and the calendar is hostile: hot CPI today, PPI tomorrow, FOMC dot plot next week and a geopolitical conflict running in the background. Respect the downtrend in mega-caps, but note the semi-equipment leaders (AMAT, KLAC, LRCX, MU) are still in full bull stacks — their pullback levels are where the best risk/reward longs live. Below NAS100 28,000 the correction deepens; back above 29,085 and the bears have a problem.


Report: 10 June 2026 21:59 GMT · Not financial advice. Always DYOR. Capital at risk.

NAS100 DAILY TECHNICAL ANALYSIS — TUESDAY 9 JUNE 2026
Data: Close 9 Jun 2026 | NAS100: 29,084.50 | Change: -329.76 (-1.12%) | Range: 28,196.90 - 29,805.30



MARKET OVERVIEW

The NASDAQ 100 closed at 29,084.50, down 329.76 points (-1.12%), in a violent 1,608-point session (28,196.90 - 29,805.30). The index opened at 29,647, sold off hard to 28,197 as the US launched what it called self-defence strikes against Iran, then recovered roughly 890 points off the low after President Trump said a deal to end the conflict could be reached within two to three days and that the Strait of Hormuz would reopen immediately on a deal. The long lower wick shows dip buyers aggressively defended the 28,200 zone.

Elsewhere: S&P 500 -0.26% at 7,386.65, Dow +0.17% at 50,872.11, Nasdaq Composite -0.97% at 25,678.82. The chip complex lost momentum after Monday's 6% SMH rebound — itself a bounce from Friday's 10% collapse, the sector's worst day in six years on fears the AI-driven run had gone too far, too fast. VIX closed 19.87 (+5.02%) after spiking to 23.34 intraday; it is up 26% over five sessions.

The index is now -5.14% over five days and sits 5.5% below the 3 June all-time high of 30,762.20. Year-to-date it remains +15.19%, +16.49% over three months.

Bias: NEUTRAL-BEARISH short term — a high-volatility correction inside a primary uptrend. Geopolitical headlines and tomorrow's CPI will dictate direction.



TREND ANALYSIS

- Structure: ATH 30,762.20 printed 3 June, followed by Friday's capitulation flush, Monday's bounce and today's lower high at 29,805. Short-term sequence of lower highs is in place; today's 28,197 low is the higher-low test the bulls must hold.
- The index trades below its 20-day average zone but well above the rising 200-day — primary uptrend intact (3-month +16.49%), short-term corrective.
- Phase: high-volatility correction / two-way headline-driven market. Not yet a confirmed reversal — a daily close back above 29,414 (Monday's close) would neutralise the bears.

Component breadth confirms the corrective tone: of the 40 NASDAQ names tracked, only 12 close above all three EMAs (20/50/200) while 16 close below all three; 29 of 40 carry bearish MACD crosses; 16 advancers vs 24 decliners; median component RSI is 46.8 with zero overbought names and two at oversold (NFLX, PYPL at 30.0).



INDICATOR SIGNALS

- RSI: index momentum has rolled over from the 3 June peak; component median RSI 46.8 (neutral, drifting lower). No upside extremes left — froth has been flushed. NFLX and PYPL sit at 30.0, the only oversold readings.
- MACD: 29 of 40 components show MACD line below signal — broad bearish momentum. Notable bullish exceptions: KLAC (85.3 vs 70.5), AMAT (22.3 vs 19.1), MRVL (33.6 vs 27.9), LIN, MAR, WDAY, ISRG, MELI, REGN, BKNG, ORLY.
- Volume: relative volume elevated where it matters — MRVL 1.79x, KLAC 1.57x, LRCX 1.53x, ORLY 1.50x, AAPL 1.37x. Heavy turnover in semi-equipment on up days is constructive; AAPL's 1.37x on a -3.64% decline is distribution.
- 23 of 40 components still close above their 60-day Point of Control — institutional positioning has not broken down despite the headline weakness.



KEY NAS100 INDEX LEVELS

Resistance:
- R1: 29,414 — Monday's close; reclaiming this neutralises today's decline
- R2: 29,805 - 29,861 — today's high plus classic pivot R1; the line in the sand for a fresh leg up
- R3: 30,000 (round number magnet), then 30,762 — the 3 June all-time high

Support:
- S1: 28,197 - 28,253 — today's low plus classic pivot S1; defended aggressively today
- S2: 28,000 — round number psychological level
- S3: 27,420 — classic pivot S2; loss of this opens 27,000

Classic Pivots (from today's session): S2 27,420 · S1 28,253 · Pivot 29,029 · R1 29,861 · R2 30,637



NASDAQ COMPONENT SIGNALS — ALL 40 STOCKS

Format: Ticker | Close | Trend (strict EMA 20/50/200) | RSI | MACD | % off 52w high | Day % | vs POC

AAPL | 290.55 | Mixed/Recovery | RSI 42.6 Bearish | MACD Bear | -8.5% | -3.64% | Above POC
ABNB | 131.35 | Bear (below 20/50) | RSI 42.9 Bearish | MACD Bear | -10.8% | -2.29% | Below POC
ADBE | 237.88 | Bear (below all) | RSI 42.8 Bearish | MACD Bear | -43.3% | -2.90% | Below POC
ADI | 404.62 | Mixed/Recovery | RSI 49.4 Neutral | MACD Bear | -8.0% | +0.18% | Above POC
AMAT | 499.21 | Bull (above all) | RSI 64.0 Bullish | MACD Bull | -5.1% | +1.43% | Above POC
AMD | 475.51 | Bull (above all) | RSI 55.3 Bullish | MACD Bear | -13.0% | -3.02% | Above POC
AMZN | 244.19 | Bear (below 20/50) | RSI 36.5 Bearish | MACD Bear | -12.3% | -0.42% | Below POC
AVGO | 392.16 | Bear (below 20/50) | RSI 42.3 Bearish | MACD Bear | -20.8% | -1.12% | Above POC
BKNG | 163.99 | Bear (below all) | RSI 47.5 Neutral | MACD Bull | -29.8% | +1.04% | Below POC
CDNS | 390.90 | Bull (above all) | RSI 58.2 Bullish | MACD Bear | -6.2% | -0.85% | Above POC
CEG | 251.65 | Bear (below all) | RSI 35.5 Bearish | MACD Bear | -39.0% | +0.42% | Below POC
COST | 968.59 | Bear (below all) | RSI 40.6 Bearish | MACD Bear | -11.7% | -0.63% | Below POC
CRWD | 644.93 | Mixed/Recovery | RSI 53.4 Neutral | MACD Bear | -17.9% | -2.10% | Above POC
CSCO | 120.36 | Bull (above all) | RSI 59.3 Bullish | MACD Bear | -7.7% | -3.05% | Above POC
DASH | 155.67 | Bear (below all) | RSI 46.1 Neutral | MACD Bear | -45.5% | +2.09% | Below POC
FTNT | 138.39 | Bull (above all) | RSI 63.5 Bullish | MACD Bear | -7.8% | -3.25% | Above POC
GOOGL | 364.26 | Mixed/Recovery | RSI 44.1 Bearish | MACD Bear | -10.9% | +0.26% | Above POC
INTU | 293.78 | Bear (below all) | RSI 35.8 Bearish | MACD Bear | -63.9% | -3.84% | Below POC
ISRG | 426.61 | Bear (below all) | RSI 47.1 Neutral | MACD Bull | -29.4% | +1.92% | Below POC
KLAC | 2,139.37 | Bull (above all) | RSI 62.9 Bullish | MACD Bull | -5.5% | +1.49% | Above POC
LIN | 515.59 | Bull (above all) | RSI 58.1 Bullish | MACD Bull | -1.1% | +2.72% | Above POC
LRCX | 327.16 | Bull (above all) | RSI 59.4 Bullish | MACD Bear | -6.3% | +0.84% | Above POC
MAR | 393.61 | Bull (above all) | RSI 69.1 Bullish | MACD Bull | -1.3% | +0.56% | Above POC
MELI | 1,641.16 | Bear (below all) | RSI 45.7 Neutral | MACD Bull | -38.0% | +1.81% | Below POC
META | 584.59 | Bear (below all) | RSI 39.3 Bearish | MACD Bear | -26.6% | -0.14% | Below POC
MRVL | 266.88 | Bull (above all) | RSI 62.3 Bullish | MACD Bull | -17.7% | -7.61% | Above POC
MSFT | 403.41 | Bear (below all) | RSI 41.8 Bearish | MACD Bear | -27.4% | -2.02% | Below POC
MU | 935.89 | Bull (above all) | RSI 59.6 Bullish | MACD Bear | -14.1% | -1.41% | Above POC
NFLX | 81.41 | Bear (below all) | RSI 30.0 Oversold | MACD Bear | -39.3% | -1.49% | Below POC
NVDA | 208.19 | Mixed/Recovery | RSI 46.4 Neutral | MACD Bear | -12.0% | -0.22% | Above POC
ORLY | 89.49 | Bear (below all) | RSI 47.5 Neutral | MACD Bull | -17.7% | +0.53% | Below POC
PANW | 260.52 | Bull (above all) | RSI 57.5 Bullish | MACD Bear | -14.0% | -2.18% | Above POC
PYPL | 41.46 | Bear (below all) | RSI 30.0 Oversold | MACD Bear | -47.8% | +0.48% | Below POC
QCOM | 205.42 | Mixed/Recovery | RSI 47.7 Neutral | MACD Bear | -21.0% | -5.67% | Above POC
REGN | 616.18 | Bear (below all) | RSI 36.7 Bearish | MACD Bull | -25.0% | +0.79% | Below POC
SNPS | 465.27 | Bear (below all) | RSI 42.0 Bearish | MACD Bear | -28.6% | -1.73% | Above POC
TMUS | 179.46 | Bear (below all) | RSI 35.9 Bearish | MACD Bear | -31.4% | +0.58% | Below POC
TSLA | 396.68 | Bear (below 20/50) | RSI 43.9 Bearish | MACD Bear | -20.5% | -3.00% | Above POC
TXN | 288.63 | Mixed/Recovery | RSI 48.4 Neutral | MACD Bear | -12.9% | -0.78% | Above POC
WDAY | 140.23 | Bull (above 20/50) | RSI 54.9 Neutral | MACD Bull | -45.5% | -2.46% | Above POC



SECTOR GROUPING

Mega-cap Tech
The weakest group on the board — not a single mega-cap closes above all three EMAs. META (584.59) and MSFT (403.41) are below all EMAs with bearish MACD; AMZN, TSLA and AVGO are below the 20/50; AAPL, GOOGL and NVDA are mixed. TSLA closed at 396.68 with its EMA200 at 396.66 — sitting exactly on the long-term line. Leadership has rotated away from the generals.

Semiconductors
Still the strongest group despite Friday's crash. AMAT, MU, LRCX, KLAC, MRVL and AMD all hold above all three EMAs. KLAC (+1.49%) and AMAT (+1.43%) printed fresh 52-week highs intraday on 1.57x and 1.28x volume. Warning shot: MRVL reversed -7.61% on 1.79x volume and QCOM dropped -5.67% — two-way volatility at the highs. ADI and TXN are mixed.

Software / Cloud / Security
Split market. Security and EDA are strong — PANW, FTNT, CDNS, CSCO above all EMAs, WDAY recovering above the 20/50. Application software is broken: INTU made a fresh 52-week low at 291.18 (-63.9% off its high), ADBE (-43.3% off high) reports Thursday, SNPS below all EMAs.

Consumer / Internet
Broadly bearish. COST, NFLX, BKNG, MELI, DASH, PYPL, ORLY and TMUS all below all three EMAs. NFLX and PYPL carry RSI 30.0 oversold readings. MAR is the standout bull — above all EMAs, RSI 69.1, 1.3% off its 52-week high.

Healthcare / Biotech
Bearish. ISRG (-29.4% off high) and REGN (-25.0% off high) both below all EMAs, though both printed green today with bullish MACD crosses turning — early-stage basing attempts, nothing more yet.

Industrial / Other
LIN is one of the strongest charts in the index — +2.72% today on 1.18x volume, above all EMAs, 1.1% off its 52-week high. CEG remains in a deep downtrend, -39.0% off its high.



TOP SWING TRADE SETUPS

1. KLAC — Long (52-week high breakout, semi-equipment leader)
BULLISH — Above all EMAs (20: 1,960 / 50: 1,825 / 200: 1,451), RSI 62.9 with room, MACD bullish and expanding (85.3 vs 70.5), 1.57x relative volume, printed a fresh 52-week high at 2,262.82 today before settling +1.49% at 2,139.37. POC sits at 1,761.69 — price is well above the volume shelf, confirming institutional accumulation through the whole advance.
Entry: 2,150-2,165 (hold above pivot 2,132.56) · Stop: 2,065 (below Cam S3 2,065.86) · T1: 2,286 (Cam R4) · T2: 2,400 (classic R2) · R:R: 1:1.2 / 1:2.4

2. AMAT — Long (52-week high, sector confluence)
BULLISH — Same pattern as KLAC: above all EMAs (457 / 423 / 327), RSI 64.0, MACD bullish (22.3 vs 19.1), 1.28x volume, new 52-week high 525.98 intraday, closed +1.43% at 499.21. Semi-equipment is the clear leadership group and both names confirm each other. POC 410.19 far below — supportive.
Entry: 502-505 (above Cam R1 504.66) · Stop: 483 (Cam S3 482.86) · T1: 526 (52w high) · T2: 557 (classic R2) · R:R: 1:1.0 / 1:2.4

3. LIN — Long (defensive breakout, ATH proximity)
BULLISH — The quiet leader: +2.72% on 1.18x volume in a down tape, above all EMAs (505.8 / 501.0 / 476.1), RSI 58.1, MACD bullish, just 1.1% below the 52-week high of 521.28. Money rotating defensive in a geopolitical tape favours industrial gas. Above POC 500.02.
Entry: 516-518 · Stop: 507 (below today's 506.36 low) · T1: 530 (classic R3 530.38) · T2: 541 (measured extension) · R:R: 1:1.3 / 1:2.4

4. INTU — Short (52-week low breakdown)
BEARISH — Made a fresh 52-week low at 291.18 today, closing -3.84% at 293.78, RSI 35.8 (not yet oversold), MACD bearish and widening (-23.9 vs -21.2), below all EMAs with the 200 at 497.64 — the worst chart in the index at -63.9% off its high. Below POC 363.17. No support below until round numbers.
Entry: 290.50 (break of 52w low) · Stop: 298.60 (Cam R3) · T1: 280.30 (classic S2) · T2: 269.50 (classic S3) · R:R: 1:1.3 / 1:2.6

5. META — Short (mega-cap breakdown continuation)
BEARISH — Below all EMAs (610.5 / 619.7 / 641., RSI 39.3, MACD bearish (-7.3 vs -4.6), below POC 611.37, -26.6% off the 52-week high. Today's feeble -0.14% close at 584.59 against a recovering tape is relative weakness. A break of today's 581.01 low continues the trend.
Entry: 580.80 (below today's low) · Stop: 589.20 (Cam R3 589.16) · T1: 571.10 (classic S2) · T2: 561.20 (classic S3) · R:R: 1:1.2 / 1:2.3



INTRADAY SETUPS — PIVOT AND CAMARILLA

NVDA — Pivot Bounce Long
Rare confluence: classic pivot 206.31 sits directly on the EMA50 at 206.98, with POC 200.42 and classic S1 201.22 stacked below as the floor. Close 208.19 held above both. Buy the retest of the pivot zone with the trend filter intact.
Entry: 206.30-206.60 · Stop: 203.40 (below Cam S3 204.87) · T1: 209.30 (Cam R1) · T2: 213.30 (classic R1) · R:R: 1:0.9 / 1:2.2

TSLA — EMA200 Battle Short
Closed at 396.68 with the EMA200 at 396.66 — to the penny. Below the 20/50 EMAs, RSI 43.9, MACD bearish. Cam R1 399.82 and the classic pivot 399.81 are stacked overhead at the same price — a hard ceiling. Lose Cam S1 393.54 and the EMA200 fails with it.
Entry: 393.30 (below Cam S1) · Stop: 400.20 (above pivot/Cam R1 cluster) · T1: 387.30 (Cam S3) · T2: 377.80 (Cam S4) · R:R: 1:0.9 / 1:2.3

AAPL — Camarilla Range Long
After a -3.64% flush on 1.37x volume, AAPL closed 290.55 with the EMA50 at 288.70 just below and Cam S3 at 286.98 — a defined dip-buy zone with the EMA200 far below at 264.82. Range trade against Cam S4.
Entry: 287.00-288.70 (Cam S3 / EMA50 zone) · Stop: 283.20 (below Cam S4 283.42) · T1: 291.70 (Cam R1) · T2: 293.00 (classic pivot) · R:R: 1:1.2 / 1:1.6

LRCX — Camarilla Breakout Long
Triple confluence overhead: Cam R4 350.85, classic R1 348.83 and the 52-week high 349.09 all within two points. A break and hold above 351 signals a trend day with nothing but air to classic R2. Above all EMAs, RSI 59.4, 1.53x volume today.
Entry: 351.00 (break of Cam R4) · Stop: 339.00 (Cam R3 339.01) · T1: 370.50 (classic R2) · T2: 391.90 (classic R3) · R:R: 1:1.6 / 1:3.4

MU — Camarilla Breakdown Short
High-beta two-way name after a -1.41% close at 935.89 on 1.26x volume. Cam S4 861.75 sits on top of classic S1 863.78 — a clean double floor. If that gives way, a trend day lower is signalled with the EMA20 already lost intraday today (869.15).
Entry: 861.00 (break of Cam S4 / classic S1) · Stop: 899.00 (Cam S3 898.82) · T1: 815.00 · T2: 791.70 (classic S2) · R:R: 1:1.2 / 1:1.8



KEY LEVELS DASHBOARD — TOP 5 TRADEABLE STOCKS

NVDA — Close 208.19
Cam: S4 201.56 · S3 204.87 · S2 205.98 · S1 207.08 || R1 209.30 · R2 210.40 · R3 211.51 · R4 214.82
Classic: S3 189.16 · S2 194.25 · S1 201.22 · Pivot 206.31 · R1 213.28 · R2 218.37 · R3 225.34
EMA: 20 213.78 · 50 206.98 · 200 186.74 || POC: 200.42 || ATR(14): 8.56
Session H/L: 211.40 / 199.34 || 52w H/L: 236.54 / 140.86

MU — Close 935.89
Cam: S4 861.75 · S3 898.82 · S2 911.18 · S1 923.53 || R1 948.25 · R2 960.60 · R3 972.96 · R4 1,010.03
Classic: S3 728.98 · S2 791.66 · S1 863.78 · Pivot 926.46 · R1 998.58 · R2 1,061.26 · R3 1,133.38
EMA: 20 869.15 · 50 707.21 · 200 428.71 || POC: 614.50 || ATR(14): 72.92
Session H/L: 989.15 / 854.35 || 52w H/L: 1,089.29 / 103.38

TSLA — Close 396.68
Cam: S4 377.84 · S3 387.26 · S2 390.40 · S1 393.54 || R1 399.82 · R2 402.96 · R3 406.10 · R4 415.52
Classic: S3 346.85 · S2 365.55 · S1 381.11 · Pivot 399.81 · R1 415.37 · R2 434.07 · R3 449.63
EMA: 20 414.73 · 50 407.65 · 200 396.66 || POC: 391.38 || ATR(14): 17.97
Session H/L: 418.50 / 384.24 || 52w H/L: 498.83 / 281.85

AAPL — Close 290.55
Cam: S4 283.42 · S3 286.98 · S2 288.17 · S1 289.36 || R1 291.74 · R2 292.93 · R3 294.12 · R4 297.68
Classic: S3 272.33 · S2 280.06 · S1 285.30 · Pivot 293.03 · R1 298.27 · R2 306.00 · R3 311.24
EMA: 20 301.41 · 50 288.70 · 200 264.82 || POC: 279.39 || ATR(14): 7.29
Session H/L: 300.75 / 287.78 || 52w H/L: 317.40 / 195.07

AMD — Close 475.51
Cam: S4 438.24 · S3 456.87 · S2 463.09 · S1 469.30 || R1 481.72 · R2 487.93 · R3 494.15 · R4 512.78
Classic: S3 372.39 · S2 404.81 · S1 440.16 · Pivot 472.58 · R1 507.93 · R2 540.35 · R3 575.70
EMA: 20 469.94 · 50 395.31 · 200 269.22 || POC: 341.25 || ATR(14): 32.10
Session H/L: 505.00 / 437.23 || 52w H/L: 546.44 / 115.06



BEARISH WARNINGS

BEARISH — INTU: fresh 52-week low 291.18, -63.9% off its high, MACD widening lower. Falling knife — shorts only with structure, no bottom-fishing.
BEARISH — NFLX: RSI 30.0, below all EMAs, -39.3% off its high, closed within a point of the session low. No bullish divergence yet.
BEARISH — PYPL: RSI 30.0, -47.8% off its high, just 7.8% above the 52-week low at 38.46.
BEARISH — META and MSFT: both mega-caps below all three EMAs with bearish MACD — index headwind until the generals repair.
BEARISH — MRVL: -7.61% reversal on 1.79x volume one day after a strong run. Distribution-style volume at the highs; bulls in semis should respect it.
BEARISH — AVGO: below the 20/50 EMAs, MACD bearish, -20.8% off its high — former leader, now lagging the semi-equipment names badly.
BEARISH — Deep downtrends with no basing signal: DASH (-45.5% off high), CEG (-39.0%), TMUS (-31.4%), ADBE (-43.3%) into Thursday earnings.



EVENTS CALENDAR

- Wed 10 Jun — US CPI (May), 13:30 UK / 08:30 ET. The key macro event of the week; a hot print into an FOMC week with VIX already elevated is the bear scenario, a soft print likely triggers a relief rally toward 29,800-30,000.
- Thu 11 Jun — US weekly jobless claims, 13:30 UK.
- Thu 11 Jun — ADBE Q2 FY2026 earnings, after the close. Stock is -43.3% off its high; positioning is washed out, expect a large move either way.
- Tue/Wed 16-17 Jun — FOMC meeting and Powell press conference.
- Wed 24 Jun — MU fiscal Q3 earnings, after the close. The single biggest catalyst for the semi-equipment trade this month.
- Ongoing — Iran/US headlines and the Strait of Hormuz. Today's 1,600-point range shows the tape is hostage to this news flow; size positions accordingly.



Report: 9 June 2026 21:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) - DAILY TECHNICAL ANALYSIS - Monday 8 June 2026
Data: Close 08 Jun 2026 | NAS100: ~29,390 | Change: +432 (+1.5%) | Range: ~28,980-29,440
Index level approximate (derived from prior close 28,957.60 on 05 Jun plus the +1.5% session). All component figures below are from the live scanner feed, close 08 Jun.



MARKET OVERVIEW
NAS100 rebounded hard after Friday's -4.77% rout (05 Jun close 28,957.60). The bounce was led almost entirely by semiconductors as the chip-stock selloff halted and risk appetite returned on signs of Middle East de-escalation.
Breadth was split despite the up day: 21 advancers / 19 decliners among the 40 tracked names, 25 of 40 closed above their 60-day POC, but only 13 sit in a clean bullish EMA stack versus 19 in a bearish stack.
BULLISH the tape is carried by a violent semi-equipment squeeze. CAUTION mega-cap tech and software lagged badly (AAPL, MSFT, META, GOOGL all red), so the index gain is narrow.
Overall bias: Cautiously bullish short-term (relief rally), structurally mixed - leadership is concentrated in chips while the heavyweights stay heavy. CPI on Wed 10 Jun is the key swing factor.



TREND ANALYSIS
Index EMA stack (20/50/200): Friday's plunge cut the index back toward its rising 50-day. The 1.5% bounce keeps price wedged between a flattening 20-day and a still-rising 200-day - a corrective-within-uptrend posture, not a confirmed resumption.
Market structure: The run of higher highs broke on Friday's outside-down day. Today is a bounce off support, not yet a confirmed higher low. Needs a close back above ~29,500 to re-assert the uptrend.
Phase: Reversal / relief bounce inside a short-term pullback. Semis = breakout; mega-cap and software = still correcting.



INDICATOR SIGNALS
RSI(14): Component breadth neutral-to-firm. Only FTNT (70.4) is technically overbought; only PYPL (28.1) oversold. The semi leaders (MU 60.8, KLAC 61.5, AMAT 62.7, MRVL 69.2) carry momentum but are not yet stretched - room to run.
MACD: Still net bearish across the basket - only 12 of 40 names have MACD above signal. The bullish MACD crowd is almost entirely the semiconductor complex (AMAT, KLAC, MAR, CDNS, MRVL, ISRG), confirming the narrow leadership.
Volume: Conviction was in chips - KLAC (rv 1.13), AMAT (1.13), LRCX (1.09), MRVL (1.73) all printed above-average relative volume on their breakouts. Mega-caps bounced on lighter, unconvincing volume.



KEY NAS100 INDEX LEVELS
Resistance:
- R1 29,500 - Friday breakdown shelf / 20-day EMA reclaim line
- R2 30,000 - major round-number psychological level
- R3 30,400 - pre-selloff swing-high zone
Support:
- S1 29,000 - round number + Friday's 28,957 close (now pivot)
- S2 28,600 - Friday's intraday low area
- S3 28,000 - rising 50-day EMA / major round number
Classic pivots (index, approx): S2 28,750 - S1 29,070 - Pivot 29,300 - R1 29,620 - R2 29,950



NASDAQ COMPONENT SIGNALS (40 stocks)
Trend (strict EMA) - RSI zone - MACD - %from 52w high - day chg - vs POC
AAPL 301.54 - Mixed - RSI 53.3(Neu) - MACD Bear - -5.0% - -1.89% - POC Above
MSFT 411.74 - Bear(all) - RSI 45.3(Neu) - MACD Bear - -25.9% - -1.18% - POC Above
NVDA 208.64 - Mixed - RSI 46.7(Neu) - MACD Bear - -11.8% - +1.73% - POC Above
AMZN 245.22 - Bear(20/50) - RSI 37.3(Neu) - MACD Bear - -12.0% - -0.33% - POC Above
META 585.39 - Bear(all) - RSI 39.5(Neu) - MACD Bear - -26.5% - -1.28% - POC Below
GOOGL 363.31 - Mixed - RSI 43.4(Neu) - MACD Bear - -11.1% - -1.42% - POC Above
AVGO 396.6 - Bear(20/50) - RSI 43.3(Neu) - MACD Bear - -19.9% - +2.82% - POC Above
TSLA 408.95 - Mixed - RSI 48(Neu) - MACD Bear - -18.0% - +4.59% - POC Above
COST 974.75 - Bear(20/50) - RSI 42.2(Neu) - MACD Bear - -11.1% - +0.30% - POC Below
NFLX 82.64 - Bear(all) - RSI 32.8(Neu) - MACD Bear - -38.4% - +0.56% - POC Below
AMD 490.33 - Bull(all) - RSI 58.8(Neu) - MACD Bear - -10.3% - +5.14% - POC Above
ADBE 244.99 - Bear(all) - RSI 46.6(Neu) - MACD Bear - -41.6% - -2.57% - POC Below
QCOM 217.77 - Mixed - RSI 51.9(Neu) - MACD Bear - -16.2% - +0.85% - POC Above
TMUS 178.43 - Bear(all) - RSI 33.8(Neu) - MACD Bear - -31.8% - +0.19% - POC Below
LIN 501.92 - Mixed - RSI 47.9(Neu) - MACD Bear - -3.7% - -1.18% - POC Above
ISRG 418.58 - Bear(all) - RSI 42.5(Neu) - MACD Bull - -30.7% - -0.82% - POC Below
INTU 305.51 - Bear(all) - RSI 38.2(Neu) - MACD Bear - -62.5% - +2.95% - POC Below
CSCO 124.15 - Bull(all) - RSI 65.4(Neu) - MACD Bear - -4.8% - +2.06% - POC Above
TXN 290.9 - Mixed - RSI 49.6(Neu) - MACD Bear - -12.3% - +2.05% - POC Above
AMAT 492.17 - Bull(all) - RSI 62.7(Neu) - MACD Bull - -3.6% - +8.64% - POC Above
BKNG 162.3 - Bear(all) - RSI 45(Neu) - MACD Bull - -30.5% - -2.13% - POC Below
PANW 266.33 - Bull(all) - RSI 60.9(Neu) - MACD Bear - -12.1% - -2.10% - POC Above
MU 949.28 - Bull(all) - RSI 60.8(Neu) - MACD Bear - -12.9% - +9.87% - POC Above
LRCX 324.45 - Bull(all) - RSI 58.5(Neu) - MACD Bear - -6.3% - +6.98% - POC Above
KLAC 2108.06 - Bull(all) - RSI 61.5(Neu) - MACD Bull - -2.3% - +9.27% - POC Above
ADI 403.89 - Mixed - RSI 49.1(Neu) - MACD Bear - -8.1% - +0.62% - POC Above
REGN 611.34 - Bear(all) - RSI 34.6(Neu) - MACD Bull - -25.5% - -3.79% - POC Below
SNPS 473.48 - Bear(20/50) - RSI 44.4(Neu) - MACD Bear - -27.4% - +1.86% - POC Above
CDNS 394.24 - Bull(all) - RSI 59.7(Neu) - MACD Bull - -5.4% - +4.80% - POC Above
MELI 1611.99 - Bear(all) - RSI 41.7(Neu) - MACD Bear - -39.1% - +0.26% - POC Below
CRWD 658.79 - Bull(all) - RSI 56(Neu) - MACD Bear - -16.1% - -1.82% - POC Above
MAR 391.42 - Bull(all) - RSI 68(Neu) - MACD Bull - -1.3% - -0.28% - POC Above
ABNB 134.43 - Bear(20/50) - RSI 49.1(Neu) - MACD Bull - -8.7% - +0.67% - POC Below
MRVL 288.85 - Bull(all) - RSI 69.2(Neu) - MACD Bull - -10.9% - +9.63% - POC Above
DASH 152.49 - Bear(all) - RSI 43(Neu) - MACD Bear - -46.6% - -2.75% - POC Below
FTNT 143.04 - Bull(all) - RSI 70.4(OB) - MACD Bull - -4.7% - -1.13% - POC Above
CEG 250.59 - Bear(all) - RSI 34.8(Neu) - MACD Bear - -39.3% - -1.66% - POC Below
WDAY 143.76 - Bull(20/50) - RSI 58.3(Neu) - MACD Bull - -44.1% - -0.36% - POC Above
PYPL 41.26 - Bear(all) - RSI 28.1(OS) - MACD Bear - -48.1% - -0.07% - POC Below
ORLY 89.02 - Bear(all) - RSI 45.8(Neu) - MACD Bull - -18.1% - -1.45% - POC Below



SECTOR GROUPING
Mega-cap Tech: WEAK - AAPL -1.89%, MSFT -1.18%, META -1.28%, GOOGL -1.42% all red; NVDA +1.73% and AMZN -0.33% the only steadiers. The group is the index's dead weight today.
Semiconductors: STRONG - the story of the day. MU +9.87%, MRVL +9.63%, KLAC +9.27%, AMAT +8.64%, LRCX +6.98%, AMD +5.14%, AVGO +2.82%. Equipment names (KLAC/AMAT/LRCX) broke out together - a sector-wide squeeze.
Software/Cloud: MIXED-WEAK - ADBE -2.57%, PANW -2.10%, CRWD -1.82% soft; CDNS +4.80%, SNPS +1.86%, INTU +2.95% firmer (EDA names ride the chip theme).
Consumer/Internet: SOFT - BKNG -2.13%, DASH -2.75%, ABNB +0.67%, MELI +0.26%, MAR -0.28% (but MAR sits at its 52w high). TSLA +4.59% the standout bounce.
Healthcare/Biotech: WEAK - REGN -3.79% the day's worst, ISRG -0.82%. Group remains out of favour.
Industrial/Other: LIN -1.18%, CEG -1.66%, COST +0.30%, ORLY -1.45%. Defensives offered no shelter and no leadership.



TOP SWING TRADE SETUPS
1. MU - semi breakout, clean bull stack
MU +9.87% to 949.28, Bull(all), above POC 604.78, RSI 60.8 (not stretched), day high 962.95. Momentum continuation toward the 52w high at 1,089.
Entry: 945-955 (or pullback to pivot 943) - Stop: 895 (below classic S2) - T1: 989 - T2: 1,016 - R:R: ~1:1.4
Why: Bull stack + above-POC + RSI room + group-wide squeeze. POC far below underpins the trend; this is the leader of the move.
2. KLAC - breakout to within 2% of 52w high
KLAC +9.27% to 2,108, Bull(all), RSI 61.5, rv 1.13, just -2.3% from the 52w high (2,156.69). Coiled for a fresh all-time-high break.
Entry: 2,108-2,135 (or break of day high 2,135) - Stop: 2,028 (below classic S1) - T1: 2,214 - T2: 2,293 - R:R: ~1:1.3
Why: Above-average-volume breakout, full bull stack, POC 1,744 well below. A break of 2,157 opens blue sky.
3. AMAT - equipment leader, 52w high in sight
AMAT +8.64% to 492.17, Bull(all), RSI 62.7, rv 1.13, only -3.6% from the 52w high 510.75.
Entry: 488-495 - Stop: 470 (below classic S1) - T1: 511 (52w high) - T2: 529 - R:R: ~1:1.6
Why: Confluence with the KLAC/LRCX move; above-POC (407) with momentum and volume confirmation.
4. AMD - bull stack, still mid-RSI
AMD +5.14% to 490.33, Bull(all), RSI 58.8 (plenty of room), -10.3% from 52w high 546.44.
Entry: 480-491 - Stop: 463 (below classic S3) - T1: 515 - T2: 546 (52w high) - R:R: ~1:1.9
Why: Cleanest risk:reward of the leaders - RSI under 60 leaves upside, POC 337 far below, ATR-based stop sits under structure.
5. CDNS - EDA software riding the chip theme
CDNS +4.80% to 394.24, Bull(all), RSI 59.7, -5.4% from 52w high 416.69, above POC 331.
Entry: 388-395 - Stop: 376 (below classic S2) - T1: 415 (52w high) - T2: 425 - R:R: ~1:1.4
Why: A software name with a semi tailwind - bull stack, MACD positive. Break of 417 = new highs.



INTRADAY SETUPS
Pivot Bounce - NVDA long
NVDA closed 208.64 right on its classic pivot (208.37), holding the 50-day (206.93). Long the pivot hold.
Direction: Long - Entry: 208.4-209.0 - Stop: 205.8 (below classic S1 206.27 and EMA50) - Target: 210.74 (R1) then 212.84 (R2)
Confluence: Price pinned to pivot + EMA50 support; a reclaim of EMA20 (214.37) is the bigger upside trigger.
Camarilla Range - MAR
MAR is coiled in a tight Camarilla range: Cam S3 389.37 / Cam R3 393.47, close 391.42. Fade the edges while inside.
Plan: Long near 389.4 (Cam S3) targeting 393.5 (Cam R3); short near 393.5 targeting 389.4. Stops: just beyond Cam S4 387.32 / Cam R4 395.52.
Confluence: RSI 68 with price at the 52w high 396.65 - range until it breaks; a Cam R4 (395.52) break = trend-day long.
Camarilla Breakout - AMAT trend day
AMAT closed 492.17 above all classic pivots. A push through Cam R4 (506.79) signals a momentum trend day.
Direction: Long on break - Entry: >506.8 (Cam R4) - Stop: 494 (back inside Cam R3) - Target: 513 (classic R2) then 529 (classic R3)
Confluence: Cam R4 break + above 52w high 510.75 = breakout day; aligns with the equipment-sector squeeze.
Pivot Bounce - KLAC continuation
KLAC sits above pivot 2,082; intraday longs off Cam S1 (2,096) hold toward Cam R3/R4.
Direction: Long - Entry: 2,096-2,110 - Stop: 2,072 (below pivot) - Target: 2,144 (Cam R3) then 2,180 (Cam R4)



KEY LEVELS DASHBOARD - TOP 5 TRADEABLE
MU (close 949.28)
Cam: S4 923.73 - S3 936.51 - S1 945.02 || R1 953.54 - R3 962.05 - R4 974.83
Classic: S3 876.42 - S2 896.46 - S1 922.87 - P 942.91 - R1 969.32 - R2 989.36 - R3 1015.77
EMA: 20 862.12 - 50 697.88 - 200 423.61 || POC 604.78
Day H/L: 962.95 / 916.5 || 52w H/L: 1089.29 / 103.38
KLAC (close 2108.06)
Cam: S4 2035.65 - S3 2071.86 - S1 2095.99 || R1 2120.13 - R3 2144.26 - R4 2180.47
Classic: S3 1897.69 - S2 1950.63 - S1 2029.34 - P 2082.28 - R1 2160.99 - R2 2213.93 - R3 2292.64
EMA: 20 1941.26 - 50 1811.76 - 200 1444.41 || POC 1744.49
Day H/L: 2135.21 / 2003.56 || 52w H/L: 2156.69 / 799.77
AMAT (close 492.17)
Cam: S4 477.55 - S3 484.86 - S1 489.73 || R1 494.61 - R3 499.48 - R4 506.79
Classic: S3 449.7 - S2 460.41 - S1 476.29 - P 487 - R1 502.88 - R2 513.59 - R3 529.47
EMA: 20 453.09 - 50 419.54 - 200 325.22 || POC 407.06
Day H/L: 497.71 / 471.12 || 52w H/L: 510.75 / 154.47
AMD (close 490.33)
Cam: S4 480.84 - S3 485.58 - S1 488.75 || R1 491.91 - R3 495.08 - R4 499.82
Classic: S3 463.11 - S2 470.41 - S1 480.37 - P 487.67 - R1 497.63 - R2 504.93 - R3 514.89
EMA: 20 469.35 - 50 392.04 - 200 267.15 || POC 337.34
Day H/L: 494.97 / 477.71 || 52w H/L: 546.44 / 115.06
MRVL (close 288.85)
Cam: S4 275.87 - S3 282.36 - S1 286.69 || R1 291.01 - R3 295.34 - R4 301.83
Classic: S3 254.89 - S2 268.12 - S1 278.49 - P 291.72 - R1 302.09 - R2 315.32 - R3 325.69
EMA: 20 227.12 - 50 181.24 - 200 119.08 || POC 184.61
Day H/L: 304.96 / 281.36 || 52w H/L: 324.2 / 61.44



BEARISH WARNINGS
REGN -3.79%, Bear(all), RSI 34.6 and falling, -25.5% from 52w high, below POC - weakest name on the board, no support yet.
Mega-cap drag META (Bear-all, -26.5% from high, below POC) and MSFT (Bear-all, -25.9% from high) remain in confirmed downtrends; the index cannot sustain a rally while these bleed.
PYPL 41.26, Bear(all), RSI 28.1 (oversold) and -48.1% from 52w high - a falling knife; oversold is not a buy signal without a base.
Deep laggards INTU (-62.5% from high), DASH (-46.6%), WDAY (-44.1%), NFLX (-38.4%), MELI (-39.1%), CEG (-39.3%) all far below highs and mostly below POC.
FTNT RSI 70.4 - the only overbought name; watch for exhaustion despite the bull stack.



EVENTS CALENDAR
Wed 10 Jun: US CPI (May) 13:30 UK / 08:30 ET - the week's primary catalyst; a hot print threatens the bounce.
Tue 16 - Wed 17 Jun: FOMC meeting + Summary of Economic Projections (dot plot) - major event risk next week.
Earnings: No top-40 NAS100 component reports scheduled this week; the chip move is macro/sentiment-driven (selloff exhaustion + risk-on), not earnings-driven. Next heavy cluster is the late-July season.
Volatility: VIX spiked to 21.51 on 05 Jun (+39.7%) on the selloff; today's bounce should see it cool back toward the high-teens - confirm before sizing up.



Report: 08 Jun 2026 22:00 GMT - Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) — DAILY TECHNICAL ANALYSIS
Friday 5 June 2026
Data: Close 05 Jun 2026 | NAS100: 28,885.72 | Change: -1,446.87 (-4.77%) | Range: ~28,810 - 30,015



MARKET OVERVIEW
The NAS100 was crushed on Friday, closing at 28,885.72, down 1,446.87 points (-4.77%) — its largest one-day percentage loss since April 2025. A violent, broad-based semiconductor liquidation tore through the index after a hot jobs print, and the move sliced clean through the 30,000 and 29,500 round numbers in a single session.

Key drivers: May non-farm payrolls printed +172,000 versus ~85,000 expected, with the unemployment rate steady at 4.3% and prior months revised up. The strong data was read as "good news is bad news" — the 10-year Treasury yield jumped to 4.54% (highest since 21 May) and CME-implied odds of a 2026 rate hike rose to roughly 57%. Higher yields detonated the most overbought, highest-multiple corner of the market: the semiconductors. The Philadelphia Semiconductor Index suffered its worst day since March 2020, with more than $1 trillion in market value erased. Marvell (MRVL) -16.7%, Micron (MU) -13.2%, Qualcomm (QCOM) -11.0%, AMD -10.9%, Lam Research (LRCX) -9.9%, Applied Materials (AMAT) -9.7%, KLA (KLAC) -9.5%, Broadcom (AVGO) -7.9% and Texas Instruments (TXN) -6.7% all gapped lower on heavy volume. Nvidia (NVDA) fell -6.2%.

Overall bias: BEARISH near term — this was a genuine risk-off, distribution-style session, not a quiet rotation. That said, many of the worst-hit chip names remain in established medium-term uptrends; the damage is momentum and positioning, not yet a structural trend break at the stock level.



TREND ANALYSIS
EMA stack (index): Friday's plunge pushed price back below the rising short-term averages and through both the 30,000 and 29,500 psychological shelves. The medium-term uptrend off the spring lows is now under real pressure for the first time in weeks; the 30,000 level that acted as a floor on Thursday has flipped to overhead resistance.
Market structure: A clear lower high is now in place and Friday printed a decisive lower low, breaking the recent higher-high/higher-low sequence on the daily. The character of the tape has shifted from orderly grind-up to impulsive distribution.
Phase: Sharp pullback / potential reversal within a broader uptrend. The index is short-term oversold but momentum is firmly negative heading into next week's CPI and FOMC.
Component breadth: Of the 40 tracked names — 12 still close above all three EMAs (full bull), 15 sit below all three (full bear), and 13 are mixed. Strikingly, several of the day's biggest losers (MU, KLAC, AMAT, MRVL, CDNS) are STILL full-bull on the EMA stack — a one-day shock on top of a strong trend rather than a broken chart. Persistent weakness is concentrated in payments (PYPL), legacy software (INTU), biotech/healthcare (ISRG, REGN), streaming (NFLX) and power/utility-tech (CEG).



INDICATOR SIGNALS
RSI (14): Index momentum has rolled hard from the upper range toward neutral-to-weak. At the component level the spread is wide: only FTNT (73) remains overbought; washed-out readings cluster in PYPL (28), NFLX (30), TMUS (33) and INTU (35). Notably, the semis posted huge price losses while their RSI is still mid-range (MU 55, AMD 55, AMAT 54, MRVL 65) — the selloff has compressed momentum from very stretched levels rather than driving it to oversold, leaving room for further downside if selling continues.
MACD: The damage is flipping the mega-cap and broad-tech complex bearish — AAPL, MSFT, NVDA, AMZN, META, AVGO, CSCO and TXN all now show MACD line below signal. Pockets of bullish MACD survive in the secular-uptrend leaders: MU, KLAC, AMAT, PANW, FTNT, CDNS, MAR and MRVL. Index-level MACD momentum has decisively turned down.
Volume: Heavy and confirming. Relative volume spiked where the selling concentrated — MRVL 1.94x, AVGO 1.82x, KLAC 1.77x, META 1.69x, ORLY 1.60x (up day), PYPL 1.54x, LRCX 1.44x, TXN 1.41x. This is distribution, not a low-volume drift, which validates the bearish read.



KEY NAS100 INDEX LEVELS
(Index intraday levels derived from the estimated session range; component levels below are exact from the scanner feed.)
Resistance:
R3 30,332 — Thursday's close / gap-fill zone (HIGH)
R2 30,000 — major round number, prior floor now resistance (HIGH)
R1 29,500 — first bounce resistance; reclaim needed to ease pressure (MED)
Pivot: ~29,225 — session pivot; intraday bull/bear line
Support:
S1 28,810 — Friday's low area; first support (MED)
S2 28,500 — measured-move / round-number support (HIGH)
S3 28,000 — major psychological floor; loss opens a deeper trend test (HIGH)
Round numbers: 30,000 (pivotal) / 29,000 / 28,500 / 28,000.



NASDAQ COMPONENT SIGNALS
Ticker · Chg% · RSI · MACD · Trend · %52wHigh · vs POC
(Trend = strict EMA20/50/200 classification. Bull = above all three; Bear = below all three; Bull-/Bear- = above/below 20+50 only; OB>70, OS<30)

AAPL -1.18% · R 61 · Bear · Bull · -3.0% · Above
MSFT -2.66% · R 48 · Bear · Bear · -25.0% · Above
NVDA -6.19% · R 44 · Bear · Bear- · -13.3% · Above
AMZN -3.06% · R 38 · Bear · Bear- · -11.7% · Above
META -5.51% · R 42 · Bear · Bear · -25.5% · Below
GOOGL -0.98% · R 46 · Bear · Mixed · -9.8% · Above
AVGO -7.92% · R 40 · Bear · Bear- · -22.1% · Above
TSLA -6.56% · R 40 · Bear · Bear · -21.6% · Below
COST -0.05% · R 41 · Bear · Bear · -11.4% · Below
NFLX +0.76% · R OS 30 · Bear · Bear · -38.7% · Below
AMD -10.86% · R 54 · Bear · Mixed · -14.7% · Above
ADBE -2.70% · R 50 · Bull · Bear · -40.3% · Above
QCOM -10.98% · R 51 · Bear · Mixed · -16.9% · Above
TMUS +0.61% · R OS 33 · Bear · Bear · -31.9% · Below
LIN +0.09% · R 53 · Bear · Bull · -2.6% · Above
ISRG +0.77% · R 44 · Bear · Bear · -30.1% · Below
INTU -1.73% · R OS 35 · Bear · Bear · -63.5% · Below
CSCO -6.43% · R 63 · Bear · Bull · -6.7% · Above
TXN -6.65% · R 46 · Bear · Mixed · -14.0% · Above
AMAT -9.71% · R 54 · Bull · Bull · -11.3% · Above
BKNG -0.99% · R 50 · Bull · Mixed · -29.0% · Below
PANW -2.58% · R 64 · Bull · Bull · -10.2% · Above
MU -13.21% · R 55 · Bull · Bull · -20.6% · Above
LRCX -9.85% · R 51 · Bull · Mixed · -12.4% · Above
KLAC -9.47% · R 52 · Bull · Bull · -10.5% · Above
ADI -6.38% · R 48 · Bear · Mixed · -8.7% · Above
REGN +1.07% · R 41 · Bull · Bear · -22.6% · Below
SNPS -5.99% · R 41 · Bear · Bear · -28.7% · Above
CDNS -8.62% · R 54 · Bull · Bull · -9.7% · Above
MELI -1.65% · R 41 · Bull · Bear · -39.2% · Below
CRWD -6.68% · R 58 · Bear · Bull · -14.6% · Above
MAR +1.87% · R 69 · Bull · Bull · -1.0% · Above
ABNB -0.13% · R 47 · Bear · Bear- · -9.3% · Below
MRVL -16.74% · R 65 · Bull · Bull · -18.7% · Above
DASH -2.04% · R 46 · Bull · Bear · -45.1% · Below
FTNT -3.33% · R OB 73 · Bull · Bull · -3.6% · Above
CEG -3.69% · R 36 · Bear · Bear · -38.3% · Below
WDAY -2.45% · R 59 · Bull · Bull- · -43.9% · Above
PYPL -3.42% · R OS 28 · Bear · Bear · -48.1% · Below
ORLY +2.18% · R 50 · Bear · Mixed · -16.9% · Below



SECTOR GROUPING
Mega-cap Tech — Broadly lower. AAPL (-1.2%) was the relative haven and the only mega-cap still full-bull on the EMAs. NVDA (-6.2%) lost its EMA20/50 but holds EMA200. MSFT (-2.7%), META (-5.5%, heavy volume) and TSLA (-6.6%) are full-bear. GOOGL (-1.0%) held up best after AAPL.
Semiconductors — The epicentre. MRVL -16.7%, MU -13.2%, QCOM -11.0%, AMD -10.9%, LRCX -9.9%, AMAT -9.7%, KLAC -9.5%, AVGO -7.9%, TXN -6.7%, ADI -6.4%. Despite the carnage, MU, AMAT and KLAC remain full-bull on trend — these are deep pullbacks within uptrends, not yet trend breaks.
Software / Cloud — Relative resilience in cyber. PANW (-2.6%), FTNT (-3.3%, RSI 73), CRWD (-6.8%) and CDNS (-8.6%) held trend better than chips. Legacy/payments lagged: INTU (-63% off its 52w high), PYPL (RSI 28), ADBE full-bear.
Consumer / Internet — Mixed, defensive pockets firm. MAR (+1.9%, near 52w high) and ORLY (+2.2%) bucked the tape; AMZN (-3.1%) weak; DASH and MELI deeply below trend.
Healthcare / Biotech — Weak structure. ISRG (+0.8% on the day but full-bear, -30% off highs) and REGN (+1.1%, full-bear). Defensive bids did not repair the charts.
Industrial / Other — Two-sided. LIN (+0.1%, full-bull, defensive) held; TMUS (+0.6% but full-bear) and CEG (-3.7%, full-bear) remain broken.



TOP SWING TRADE SETUPS
All longs are counter to Friday's prevailing down-day — size down and demand confirmation. POC = 60-day VWAP point of control.

1) MAR — Relative-Strength Breakout (long)
The standout: closed +1.87% at 392.51 on a brutal tape, full-bull EMAs, RSI 69, sitting on its 52w high (396.65) and well above POC 352.25. Money parked here on the risk-off rotation.
Entry: 393-396 (or breakout > 396.65) · Stop: 384 · T1: 402 · T2: 407.5 · R:R: ~1.1:1 to T1, ~1.7:1 to T2
Why: Price above POC, fresh 52w-high momentum, MACD bullish, defensive travel bid. Thesis fails on a close back below 384.

2) FTNT — Cyber Leadership (long, momentum)
Only overbought name on the board (RSI 73), full-bull, just -3.6% off its 52w high (150.07) and held firmly above POC 100.27 despite the market rout.
Entry: breakout > 147.75 (Cam R4) / 149.05 (prev high) · Stop: 140 · T1: 151.3 · T2: 153.6 · R:R: ~1.0:1 to T1
Why: Cyber outperformed semis hard; MACD bullish, POC far below. Caution: overbought, so only trade the confirmed breakout, not anticipation.

3) MU — Deep Pullback in Uptrend (long, high volatility)
Down -13.2% to 864.46 but STILL full-bull and closed right on its EMA20 (852.99) and Cam S1 (855.49). MACD still bullish; POC 596.41 far below. A classic over-extended-name flush into rising support.
Entry: 852-866 (EMA20 / Cam S1 hold) · Stop: 810 (below Cam S4 837 + buffer) · T1: 929 (R1) · T2: 995 (R2) · R:R: ~1.2:1 to T1
Why: Trend intact, support confluence, secular AI-memory leader. ATR is huge (~66 pts) — this is a wide-stop, reduced-size trade only. Invalidated on a close below 810.

4) NVDA — POC Reclaim Bounce (long, tactical)
Closed 205.12, lost EMA20/50 but holds EMA200 (186.31) and sits just above POC 199.64 and classic S1 201.34.
Entry: 200-202 (POC / S1 hold) · Stop: 195 (below S2 197.57) · T1: 208.1 (pivot) · T2: 211.9 (R1) · R:R: ~1.2:1 to T1
Why: POC + S1 confluence, EMA200 intact. Tactical bounce only — MACD is bearish, so a daily close below POC/195 negates it and opens 197 then 190.



INTRADAY SETUPS
Using classic pivot and Camarilla levels from Friday's scanner. For the next session (Mon 8 Jun).

A) AAPL — Pivot/S1 Bounce (long)
Trend still full-bull and above POC. Classic S1 304.75 sits just under the 307.56 close; pivot 309.96 overhead.
Entry: 304.8-306 (S1 / Cam S1 306.82 zone) · Stop: 302.8 (below Cam S4 303.15 + EMA20) · T1: 309.96 (pivot) · T2: 312.77 (R1) · Direction: Long
Confluence: EMA20 304-ish + classic S1 + above POC. A loss of 302.8 cancels the long and warns of a deeper mega-cap roll-over.

AVGO — Pivot Rejection (short)
Full-bear short-term after -7.9%. Use any bounce into the pivot/Cam supply as a continuation short.
Entry: rejection at 393-396 (Cam R-band) · Stop: 402 · T1: 386 (prior support) · T2: 378 · Direction: Short
Confluence: Below EMA20/50, MACD bearish, distribution volume (rv 1.82x). Cover if it reclaims 402 and holds.

C) MAR — Camarilla Breakout (long, trend-day)
Tight Cam range with price pinned at the top: Cam R3 395.32 / R4 398.12 just above the 392.51 close.
Entry: break and hold > 398.12 (Cam R4) · Stop: 393 · T1: 402 · T2: 407 · Direction: Long
Confluence: Cam R4 break = trend-day signal; aligns with the swing thesis and 52w-high momentum.

D) CRWD — Pivot Bounce (long, tactical)
Held full-bull trend; Cam S1 667.71 sits just below the 671.02 close, pivot 682.45 overhead.
Entry: 667-671 (Cam S1 hold) · Stop: 660 (below Cam S4 651 buffer) · T1: 682.45 (pivot) · T2: 694.8 (R1) · Direction: Long
Confluence: Above POC 505, MACD bearish so tactical only — a clean close below 660 voids it.



KEY LEVELS DASHBOARD
Top 5 most tradeable. Levels exact from Friday's scanner. (EMA9 not in the feed — EMA20/50/200 shown.)

NVDA close 205.12
Cam: S4 199.32 · S3 202.22 · S2 203.19 · S1 204.15 || R1 206.09 · R2 207.05 · R3 208.02 · R4 210.92
Classic: S3 190.80 · S2 197.57 · S1 201.34 · P 208.11 · R1 211.88 · R2 218.65 · R3 222.42
EMA: 20 214.97 · 50 206.86 · 200 186.31 || POC 199.64
Prev H/L: 214.87 / 204.33 || 52w H/L: 236.54 / 138.83

AMD close 466.38
Cam: S4 443.46 · S3 454.92 · S2 458.74 · S1 462.56 || R1 470.20 · R2 474.02 · R3 477.84 · R4 489.30
Classic: S3 410.01 · S2 436.98 · S1 451.68 · P 478.65 · R1 493.35 · R2 520.32 · R3 535.02
EMA: 20 467.14 · 50 388.02 · 200 264.90 || POC 333.87
Prev H/L: 505.62 / 463.95 || 52w H/L: 546.44 / 114.71

MU close 864.46
Cam: S4 810.63 · S3 837.54 · S2 846.52 · S1 855.49 || R1 873.43 · R2 882.40 · R3 891.38 · R4 918.29
Classic: S3 733.80 · S2 798.91 · S1 831.68 · P 896.79 · R1 929.56 · R2 994.67 · R3 1027.44
EMA: 20 852.99 · 50 687.63 · 200 418.33 || POC 596.41
Prev H/L: 961.89 / 864.01 || 52w H/L: 1089.29 / 103.38

MRVL close 263.47
Cam: S4 241.84 · S3 252.65 · S2 256.26 · S1 259.86 || R1 267.08 · R2 270.68 · R3 274.29 · R4 285.10
Classic: S3 210.34 · S2 235.86 · S1 249.67 · P 275.19 · R1 289.00 · R2 314.52 · R3 328.33
EMA: 20 220.62 · 50 176.85 · 200 117.38 || POC 178.67
Prev H/L: 300.72 / 261.39 || 52w H/L: 324.20 / 61.44

MAR close 392.51
Cam: S4 386.90 · S3 389.71 · S2 390.64 · S1 391.58 || R1 393.45 · R2 394.38 · R3 395.32 · R4 398.12
Classic: S3 376.89 · S2 381.67 · S1 387.09 · P 391.87 · R1 397.29 · R2 402.07 · R3 407.49
EMA: 20 372.24 · 50 360.10 · 200 322.97 || POC 352.25
Prev H/L: 396.65 / 386.45 || 52w H/L: 396.65 / 253.56



BEARISH WARNINGS
BEARISH PYPL — full-bear, RSI 28 (oversold), -48% off its 52w high, below POC. No bottoming signal; oversold can stay oversold.
BEARISH INTU — full-bear, -63.5% from its 52w high (worst on the board), RSI 35, below POC. Broken chart.
BEARISH NFLX — full-bear, RSI 30, -38.7% off highs, below POC despite a small green close.
BEARISH CEG — full-bear, RSI 36, -38% off highs; power-tech theme rolling over with yields up.
BEARISH META / TSLA — both full-bear after -5.5% / -6.6% on heavy volume; mega-cap structure cracking.
BEARISH Semi complex — AVGO, NVDA, AMZN now lost EMA20/50. The cap-equipment names (MU, KLAC, AMAT) are still full-bull but a second distribution day would threaten those uptrends. Watch for EMA20/50 bearish crosses early next week.



EVENTS CALENDAR
Wed 10 Jun (13:30 BST / 08:30 ET): US May CPI — the headline catalyst, one week before the Fed. Hot data compounds the yield/rate-hike fear that drove Friday's rout.
Tue-Wed 16-17 Jun: FOMC decision + Summary of Economic Projections (dot plot) and press conference. After Friday, hike-odds repricing makes this the dominant event risk.
Stock earnings: Most mega-cap and semi names have reported for the quarter; Adobe (ADBE) fiscal Q2 is the notable near-term print due in mid-June — relevant given ADBE is already -40% off its 52w high.
Macro backdrop: 10-year yield at 4.54% (highest since 21 May) is the key tell — further upside keeps pressure on high-multiple tech; a pullback in yields would be the first ingredient for a relief bounce.



Report: 5 Jun 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) — DAILY TECHNICAL ANALYSIS
Thursday 4 June 2026
Data: Close 04 Jun 2026 | NAS100: 30,332.59 | Change: -238.65 (-0.78%) | Range: 30,092.24 - 30,410.61



MARKET OVERVIEW
The NAS100 closed at 30,332.59, down 238.65 points (-0.78%), holding above the psychological 30,000 handle after a 318-point session range (30,092 - 30,411). A chip-led selloff dragged the index lower while the rest of the market rotated higher: the Dow finished +1.73% and the Russell 2000 +1.12%, leaving the Nasdaq as the day's clear laggard.

Key drivers: Broadcom (AVGO) sank -12.6% after its FY-Q2 print and a 2026 AI-chip outlook the market judged underwhelming. The read-through hit the whole semi complex — Micron (MU) -7.7%, AMD -3.6%, Qualcomm (QCOM) -3.0%, ADI -2.0%. CrowdStrike (CRWD) added to the soft tape, -3.8% on the cash close following weak guidance. Geopolitics (Iran headlines) and pre-NFP positioning kept risk appetite contained. VIX ticked up to 16.06 (+1.8%) — elevated but not stressed.

Overall bias: NEUTRAL-to-BEARISH for the index near term, though primarily a semiconductor-specific shock rather than a broad-market breakdown. Index trend structure remains constructive above 30,000; breadth under the surface is two-sided.



TREND ANALYSIS
EMA stack (index): Price holds above the 30,000 round level and well above its rising medium-term averages — the primary uptrend off the spring lows is intact. Today's drop is a pullback within trend, not a structural break, unless 30,000 / 29,960 (S2) gives way on a closing basis.
Market structure: Higher-high/higher-low sequence still valid on the daily; today prints a lower high vs the recent peak but holds above prior swing support. Watch for a potential short-term lower-high if 30,465 (R1) caps the bounce.
Phase: Trending-up index in a short-term consolidation/pullback, driven by a sector rotation OUT of semiconductors and INTO cyclicals/value.
Component breadth: Of the 40 tracked names — 18 are above all three EMAs (full bull), 9 are below all three (full bear), the remainder mixed. Momentum leadership is concentrated in software/cybersecurity and select semi-cap-equipment names; weakness clusters in healthcare/biotech, payments and defensives.



INDICATOR SIGNALS
RSI (14): Index momentum has cooled from overbought toward the mid-range on the daily after the chip-led fade. At the component level the spread is wide: extreme strength in MRVL (88), FTNT (82), CSCO (80) and AMAT (74); washed-out readings in NFLX (27), TMUS (31), PYPL (34) and INTU (36). No bullish RSI divergence on the index; the chip names show negative momentum despite still-elevated absolute RSI.
MACD: The semiconductor selloff is flipping several chip names toward bearish MACD posture (AVGO histogram compressing, MU still positive but rolling). Software/cyber MACD remains firmly bullish (CRWD, PANW, FTNT, CDNS lines > signal). Index-level MACD momentum is decelerating but not yet a confirmed bearish cross.
Volume: Relative volume spiked where the news hit — AVGO rv 3.06x (heavy distribution), MRVL 2.05x (climax-type strength), CRWD 1.89x. Elsewhere volume ran below average, consistent with a rotation day rather than broad liquidation.



KEY NAS100 INDEX LEVELS
Resistance:
R3 30,783 — measured-move extension / trend-day target
R2 30,597 — above-pivot objective, near intraday supply
R1 30,465 — first bounce resistance; reclaim needed to negate today's lower high
Pivot: 30,278 — classic daily pivot; bull/bear intraday line
Support:
S1 30,146 — first support; today's mid-range
S2 29,960 — confluence with the 30,000 psychological floor (KEY)
S3 29,828 — loss here opens a deeper trend test
Round numbers: 30,500 / 30,000 (pivotal) / 29,500.



NASDAQ COMPONENT SIGNALS
Ticker · Chg% · RSI · MACD · Trend · %52wHigh · vs POC
(Trend = strict EMA20/50/200 classification. OB=overbought >70, OS=oversold <30)

AAPL +0.31% · R 66 · Bear · Bull · -1.8% · Above
MSFT +0.17% · R 53 · Bull · Bull- · -22.9% · Above
NVDA +1.82% · R 54 · Bear · Bull · -7.6% · Above
AMZN +1.51% · R 44 · Bear · Mixed · -8.9% · Above
META +0.74% · R 53 · Bull · Bull- · -21.2% · Above
GOOGL +3.68% · R 49 · Bear · Mixed · -8.9% · Above
AVGO -12.59% · R 48 · Bull · Mixed · -15.4% · Above
TSLA -1.24% · R 51 · Bear · Mixed · -16.1% · Above
COST +1.09% · R 41 · Bear · Bear- · -11.3% · Below
NFLX +0.04% · R OS 27 · Bear · Bear · -39.2% · Below
AMD -3.56% · R OB 71 · Bull · Bull · -4.3% · Above
ADBE +0.86% · R 55 · Bull · Bull- · -38.7% · Above
QCOM -2.98% · R 62 · Bear · Bull · -6.7% · Above
TMUS -2.44% · R 31 · Bear · Bear · -32.3% · Below
LIN -0.02% · R 53 · Bear · Bull · -2.7% · Above
ISRG +2.83% · R 42 · Bear · Bear · -30.6% · Below
INTU -3.04% · R 36 · Bear · Bear · -62.9% · Below
CSCO +2.77% · R OB 80 · Bull · Bull · -0.3% · Above
TXN -1.04% · R 58 · Bear · Bull · -7.9% · Above
AMAT +0.19% · R OB 74 · Bull · Bull · -1.8% · Above
BKNG +1.64% · R 52 · Bull · Mixed · -28.3% · Below
PANW -0.42% · R 69 · Bull · Bull · -7.8% · Above
MU -7.74% · R 70 · Bull · Bull · -8.6% · Above
LRCX -2.12% · R 68 · Bull · Bull · -2.8% · Above
KLAC +0.28% · R 70 · Bull · Bull · -1.2% · Above
ADI -2.04% · R 59 · Bear · Bull · -2.5% · Above
REGN +1.58% · R 38 · Bear · Bear · -23.4% · Below
SNPS -0.71% · R 50 · Bear · Mixed · -24.1% · Above
CDNS +0.90% · R OB 73 · Bull · Bull · -1.2% · Above
MELI -0.23% · R 44 · Bull · Bear · -38.2% · Below
CRWD -3.81% · R 69 · Bull · Bull · -8.5% · Above
MAR +2.27% · R 65 · Bull · Bull · -0.8% · Above
ABNB +0.10% · R 47 · Bear · Bear- · -9.2% · Below
MRVL +4.90% · R OB 88 · Bull · Bull · -2.4% · Above
DASH +3.55% · R 49 · Bull · Mixed · -43.9% · Below
FTNT +2.18% · R OB 82 · Bull · Bull · -0.3% · Above
CEG -0.99% · R 40 · Bear · Bear · -35.9% · Below
WDAY +0.69% · R 62 · Bull · Bull- · -42.5% · Above
PYPL +0.33% · R 34 · Bear · Bear · -46.2% · Below
ORLY +1.17% · R 43 · Bear · Bear · -18.7% · Below



SECTOR GROUPING
Mega-cap Tech — Mixed-to-firm. AAPL (+0.3%, Bull-all) and CSCO (+2.8%, RSI 80) led; GOOGL (+3.7%) and AMZN (+1.5%) bounced on rotation; NVDA +1.8% held up despite the chip tape. NFLX (RSI 27, -39% off highs) the clear laggard.

Semiconductors — The epicentre of the selloff. AVGO -12.6% on heavy volume dragged MU -7.7%, AMD -3.6%, QCOM -3.0%, ADI -2.0% lower. Yet cap-equipment (AMAT, KLAC, LRCX, CDNS) and MRVL (+4.9%) stayed structurally bullish — a split tape, not a uniform rout.

Software / Cloud — Strongest sector on trend, weakest on the day's headline (CRWD -3.8% post-earnings). PANW, FTNT, CDNS, SNPS retain bullish EMA stacks and positive MACD. INTU is the outlier — full bear, RSI 36, -63% from its high.

Consumer / Internet — Rotation beneficiary. MAR (+2.3%), DASH (+3.6%), ORLY (+1.2%) firmed; COST green on the day (+1.1%) but still Bear-20/50 and below POC. MELI / PYPL remain deep-bear, well off 52w highs.

Healthcare / Biotech — Weak. ISRG and REGN both full-bear with negative MACD and RSI in the high-30s/low-40s — no momentum here.

Industrial / Other — Two-sided: LIN (Bull-all, flat) steady defensive; CEG full-bear (-36% off highs, RSI 40).



TOP SWING TRADE SETUPS
AMAT (Applied Materials) — LONG
Entry: 498-502 · Stop: 479 (~1.0x ATR) · T1: 515 · T2: 528 · R:R: 1:1.3
Full bull stack (close 501.70 > EMA20 448.55 > EMA50 415.09 > EMA200 322.24), RSI 74, MACD 22.71 > signal 17.00, sitting on the 52-week high (510.75). Close well above POC 401.86 confirms acceptance at higher prices. A break and hold over the prior high triggers continuation; ATR 20.61. Cap-equipment side of semis is resisting the AVGO contagion.

CDNS (Cadence) — LONG
Entry: 408-412 · Stop: 397 (~1.0x ATR) · T1: 420 · T2: 432 · R:R: 1:1.5
Bull-all (411.68 > 374.58 > 346.02 > 321.27), RSI 72.9, MACD 20.75 > 16.87, pressing the 52w high 416.69. POC 327.23 far below — strong trend acceptance. Design-software demand decoupled from the AI-chip headline; ATR 14.09. Trigger on a clean break of 416.69.

KLAC (KLA Corp) — LONG
Entry: 2120-2135 · Stop: 2045 (~1.0x ATR) · T1: 2180 · T2: 2230 · R:R: 1:1.4
Bull-all (2131.10 > 1923 > 1794 > 1433), RSI 69.6, MACD 83.47 > 61.27, closing at the 52w high 2156.69 zone. Process-control niche is structurally tight; POC 1720 well below. ATR 88.17 — size accordingly. Break of R1 2180 opens 2230.

MAR (Marriott) — LONG
Entry: 384-386 · Stop: 377 (~1.0x ATR) · T1: 389 · T2: 395 · R:R: 1:1.4
Rotation play OUT of chips INTO travel/consumer. Bull-all (385.30 > 370.11 > 358.77 > 322.27), RSI 65.4, MACD 7.08 > 5.98, +2.3% on the day into the 52w high 388.37. Above POC 351.03. Low ATR 8.43 = tighter, cleaner risk. Break of 388 targets round 395.

FTNT (Fortinet) — LONG (momentum, manage risk)
Entry: 148-150 · Stop: 144 (~0.8x ATR) · T1: 153.8 · T2: 158 · R:R: 1:1.2
Bull-all (149.67 > 128.70 > 110.00 > 92.47), MACD 13.53 > 12.39, breaking the 52w high 150.07. Caveat: RSI 81.5 is extended — this is a breakout-continuation, not a dip-buy; only valid on a decisive close above 150.07, else stand aside. ATR 5.44.




INTRADAY SETUPS (PIVOT / CAMARILLA)
Pivot Bounce — MAR (long)
Price 385.30 sits just above classic Pivot 383.97 with bullish trend. Long on a hold of 383.97-381.97 (S1) ; Stop: 380.5 · T1: 387.31 (R1) · T2: 389.31 (R2). Confluence: rotation bid + Bull-all EMA stack.

Camarilla Range — CDNS
Tight Cam band: S3 407.86 / R3 415.50. Fade the range while inside: long near 407.86 toward 411-415, short near 415.50 toward pivot 409.81. Breakout trigger: close above Cam R4 419.33 = trend-day long toward 423.71 (R2).

Camarilla Breakdown — MU (short / caution)
MU -7.7% closed 996, below classic Pivot 1001.35. Short trigger on loss of Cam S3 978.21 ; Stop: 1002 · T1: Cam S4 960.42 · T2: S1 966.33 region. Confluence: AVGO-led semi weakness + rv 0.96. Note MU is still Bull-all on EMAs, so this is a counter-trend intraday momentum fade — keep it tight.

Pivot Reclaim — AMAT (long)
Above pivot 497.52 and holding. Long over 502 ; Stop: 493 (below Cam S3 493.27) · T1: R1 514.93 · T2: Cam R4 518.55. Confluence: 52w-high breakout + bullish MACD.



KEY LEVELS DASHBOARD (TOP 5 TRADEABLE)
AMAT (close 501.7)
Cam: S4 484.85 · S3 493.27 · S1 498.89 || R1 504.51 · R3 510.13 · R4 518.55
Classic: S3 453.65 · S2 466.88 · S1 484.29 | Pivot 497.52 | R1 514.93 · R2 528.16 · R3 545.57
EMA: 20 448.55 · 50 415.09 · 200 322.24 || POC 401.86
Prev Day: H 510.75 · L 480.11 || 52w: H 510.75 · L 154.47

CDNS (close 411.68)
Cam: S4 404.04 · S3 407.86 · S1 410.41 || R1 412.95 · R3 415.5 · R4 419.33
Classic: S3 389.9 · S2 395.91 · S1 403.8 | Pivot 409.81 | R1 417.7 · R2 423.71 · R3 431.6
EMA: 20 374.58 · 50 346.02 · 200 321.27 || POC 327.23
Prev Day: H 415.83 · L 401.93 || 52w: H 416.69 · L 262.75

KLAC (close 2131.1)
Cam: S4 2063.63 · S3 2097.36 · S1 2119.85 || R1 2142.35 · R3 2164.84 · R4 2198.57
Classic: S3 1935.16 · S2 1984.59 · S1 2057.84 | Pivot 2107.27 | R1 2180.52 · R2 2229.95 · R3 2303.2
EMA: 20 1923.12 · 50 1794.38 · 200 1432.8 || POC 1720.12
Prev Day: H 2156.69 · L 2034.01 || 52w: H 2156.69 · L 773.6

MAR (close 385.3)
Cam: S4 382.36 · S3 383.83 · S1 384.81 || R1 385.79 · R3 386.77 · R4 388.24
Classic: S3 376.63 · S2 378.63 · S1 381.97 | Pivot 383.97 | R1 387.31 · R2 389.31 · R3 392.65
EMA: 20 370.11 · 50 358.77 · 200 322.27 || POC 351.03
Prev Day: H 385.98 · L 380.64 || 52w: H 388.37 · L 253.56

AMD (close 523.2)
Cam: S4 505.42 · S3 514.31 · S1 520.24 || R1 526.16 · R3 532.09 · R4 540.98
Classic: S3 472.33 · S2 486.1 · S1 504.65 | Pivot 518.42 | R1 536.97 · R2 550.74 · R3 569.29
EMA: 20 467.23 · 50 384.83 · 200 262.88 || POC 329.59
Prev Day: H 532.19 · L 499.87 || 52w: H 546.44 · L 114.71



BEARISH WARNINGS
AVGO — -12.6% on rv 3.06x heavy distribution; broke trend with the AI-outlook miss. Mixed EMA stack now, MACD rolling over. Avoid catching the knife until it stabilises above its EMA20.

INTU — Full bear (301.98 < all EMAs), RSI 36.2, MACD -22.24 < -18.86, an extreme -62.9% from its 52w high. No bottoming signal — weakest software name on the board.

NFLX — Full bear, RSI 27.4 (oversold) but -39.2% off highs with MACD negative; oversold is not a buy signal without a base. Below POC.

MELI — Full bear, MACD -20.22 < -25.40, -38.2% from 52w high, RSI 43.7 and below POC — persistent downtrend.

REGN / ISRG — Healthcare pair both full-bear with negative MACD; ISRG -30.6% and REGN -23.4% off highs. Sector momentum absent.

PYPL — Full bear, RSI 33.7, -46.2% from 52w high — deep value-trap territory, no trend support.

CEG — Full bear, RSI 39.8, -35.9% off highs, MACD negative — former momentum darling still unwinding.

TMUS — Full bear, RSI 31 near oversold, -32.3% off highs on rv 1.27x — distribution, not accumulation.

MU — Not yet broken (still Bull-all) but -7.7% today and rejected from 1036; a daily close below EMA20 851 would be a meaningful trend warning for the broader semi space.



EVENTS CALENDAR
Macro (high impact):
Fri 05 Jun — US Non-Farm Payrolls (May) + Unemployment Rate, 13:30 BST. The week's marquee release; a hot print revives rate-cut-delay fears and pressures high-multiple tech.
Fri 05 Jun — JOLTS / labour-turnover and weekly jobless claims in focus alongside NFP.
FOMC meeting on the horizon (first under new Fed chair Kevin Warsh) — decision and presser due the following week; positioning risk building into the blackout.

Stock catalysts just passed: AVGO (reported 03 Jun, sold off), CRWD (reported, soft guidance), plus the semi-sympathy moves in MU/AMD/QCOM. No further mega-cap NAS100 earnings imminent this week; flow will be macro-driven into NFP.

Watch: Any follow-through selling in semis vs. continuation of the rotation into Dow/Russell cyclicals will define whether 30,000 holds.



Report: 04 Jun 2026 21:57 GMT · Not financial advice. Always DYOR. Capital at risk.