NASDAQ 100 Daily Technical Analysis & Setups

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.

NASDAQ 100 (NAS100) — DAILY TECHNICAL ANALYSIS — Wednesday 3 June 2026
Data: Close 03 Jun 2026 · NAS100: ~30,388 · Change: -273 (-0.89%) · Range: ~30,355-30,690 · VIX: 15.77



MARKET OVERVIEW
NAS100 pulled back from record-high territory, closing around 30,388, down roughly 273 points (-0.89%) after the index printed fresh all-time highs the prior session (30,660.60 on 02 Jun). The session was unfriendly to communications, software and mega-cap tech, with a parallel surge in oil and a bid into Treasuries draining risk appetite late in the day.

Beneath the index the split was clear: semiconductors stayed hot (AMD +4.0%, KLAC +3.9%, QCOM +3.8%, MRVL +3.7%, LRCX +2.8%) while mega-caps and consumer/internet names dragged (MSFT -3.1%, NVDA -3.6%, AMZN -2.5%, TMUS -3.9%, PYPL -4.3%). Breadth was negative: 16 advancers vs 24 decliners. After the bell, CrowdStrike beat (EPS $1.10 vs $0.88, +25%) and Broadcom reported — both watched as AI-infrastructure and cybersecurity proxies.

Overall bias: NEUTRAL — cautiously bullish. The primary uptrend is intact and price sits near all-time highs, but negative breadth, soft mega-caps and ten components already overbought (RSI>70) point to a healthy pullback / consolidation rather than a fresh leg up. Leadership is narrowing into semis.



TREND ANALYSIS
EMA stack (index, approx): Price > EMA20 > EMA50 > EMA200 — bullish alignment intact. The 20/50/200 stack remains positively ordered and rising; today's dip did not breach near-term structure.
Market structure: Higher highs / higher lows on the daily. The 02 Jun record high (30,660.60) is the latest swing high; today is the first lower close after that print.
Phase: Trending higher, now entering a short-term consolidation / pullback after an extended run. Watch whether the index holds above the rising EMA20 zone.



INDICATOR SIGNALS
RSI (14, index approx ~56): Cooling from overbought back toward the mid-zone — momentum easing, not reversing. No bearish divergence confirmed at the index level.
MACD: Line remains above signal and above zero, but the histogram is flattening/rolling over after the highs — momentum is decelerating.
Volume / breadth: Decliners outpaced advancers (24 vs 16). Component MACD split 21 bullish / 19 bearish, and 27 of 40 names still closed above their 60-day VWAP POC — internals are softening but not broken.



KEY NAS100 INDEX LEVELS
Resistance:
R1 ~30,660 — prior record close (02 Jun), first overhead supply.
R2 ~30,800 — round-number / measured-move extension.
R3 ~31,000 — major psychological level.
Support:
S1 ~30,200 — today's lower-close zone / minor shelf.
S2 ~30,000 — round number and rising EMA20 vicinity.
S3 ~29,600 — last consolidation base / EMA50 backstop.
Psychological: 30,000 is the line in the sand for the short-term uptrend.



NASDAQ COMPONENT SIGNALS (40 stocks)
Trend = strict EMA classification (close vs EMA20/50/200). Format: Ticker | Chg% | RSI | Trend | MACD | %from52wH | vsPOC

Mega-cap Tech
AAPL -1.57 | RSI 65.7 | Bull(all) | MACD bear | -2.1% | >POC
MSFT -3.13 | RSI 52.7 | Bull(20/50) | MACD bull | -23.0% | >POC
NVDA -3.62 | RSI 51.1 | Mixed | MACD bear | -9.2% | >POC
AMZN -2.53 | RSI 39.4 | Bear(20/50) | MACD bear | -10.2% | >POC
GOOGL -0.79 | RSI 38.8 | Bear(20/50) | MACD bear | -12.1% | >POC
META +4.24 | RSI 51.5 | Mixed | MACD bull | -21.8% | >POC
TSLA -0.01 | RSI 53.6 | Bull(all) | MACD bear | -15.1% | >POC

Semiconductors
NVDA -3.62 | RSI 51.1 | Mixed | MACD bear | -9.2% | >POC
AVGO -0.49 | RSI 73.3 | Bull(all) | MACD bull | -3.2% | >POC
AMD +4.02 | RSI 77.8 | Bull(all) | MACD bull | -0.7% | >POC
QCOM +3.81 | RSI 65.0 | Bull(all) | MACD bull | -3.8% | >POC
TXN +0.15 | RSI 59.9 | Bull(all) | MACD bear | -6.9% | >POC
AMAT +2.19 | RSI 73.9 | Bull(all) | MACD bull | -1.5% | >POC
MU +1.45 | RSI 82.4 | Bull(all) | MACD bull | -0.9% | >POC
LRCX +2.78 | RSI 73.5 | Bull(all) | MACD bull | -0.7% | >POC
KLAC +3.91 | RSI 69.4 | Bull(all) | MACD bull | -1.0% | >POC
ADI +3.42 | RSI 63.1 | Bull(all) | MACD bear | -0.5% | >POC
MRVL +3.73 | RSI 86.9 | Bull(all) | MACD bull | -7.0% | >POC

Software / Cloud
ADBE -2.24 | RSI 53.6 | Bull(20/50) | MACD bull | -39.2% | >POC
INTU -3.32 | RSI 37.9 | Bear(all) | MACD bear | -61.7% | <POC
CRWD -2.78 | RSI 76.3 | Bull(all) | MACD bull | -4.8% | >POC
PANW -5.64 | RSI 69.6 | Bull(all) | MACD bull | -7.4% | >POC
FTNT -1.60 | RSI 80.2 | Bull(all) | MACD bull | -1.7% | >POC
SNPS -2.03 | RSI 51.6 | Mixed | MACD bear | -23.6% | >POC
CDNS -2.01 | RSI 72.0 | Bull(all) | MACD bull | -2.1% | >POC
WDAY -1.33 | RSI 61.7 | Bull(20/50) | MACD bull | -42.9% | >POC

Consumer / Internet
AMZN -2.53 | RSI 39.4 | Bear(20/50) | MACD bear | -10.2% | >POC
NFLX -2.17 | RSI 27.3 | Bear(all) | MACD bear | -39.2% | <POC
BKNG -1.45 | RSI 48.3 | Bear(all) | MACD bull | -29.5% | <POC
MELI -2.05 | RSI 44.1 | Bear(all) | MACD bull | -38.1% | <POC
ABNB -0.57 | RSI 47.1 | Bear(20/50) | MACD bear | -9.3% | <POC
MAR +0.80 | RSI 60.1 | Bull(all) | MACD bull | -3.0% | >POC
DASH -1.51 | RSI 43.9 | Bear(all) | MACD bull | -45.9% | <POC
ORLY +1.33 | RSI 38.6 | Bear(all) | MACD bear | -19.6% | <POC
COST +0.79 | RSI 37.8 | Bear(all) | MACD bear | -12.3% | <POC
TSLA -0.01 | RSI 53.6 | Bull(all) | MACD bear | -15.1% | >POC

Healthcare / Biotech
ISRG +1.24 | RSI 35.2 | Bear(all) | MACD bear | -32.6% | <POC
REGN +2.66 | RSI 33.6 | Bear(all) | MACD bear | -24.6% | <POC

Industrial / Other
LIN +2.35 | RSI 52.9 | Bull(all) | MACD bear | -2.6% | >POC
CSCO -1.17 | RSI 77.4 | Bull(all) | MACD bull | -2.3% | >POC
CEG -1.98 | RSI 40.8 | Bear(all) | MACD bear | -35.2% | <POC
TMUS -3.91 | RSI 35.2 | Bear(all) | MACD bear | -30.6% | <POC
PYPL -4.31 | RSI 32.6 | Bear(all) | MACD bear | -46.4% | <POC



SECTOR GROUPING
Semiconductors — STRONGEST. Near-uniform Bull(all) with bullish MACD across AVGO, AMD, QCOM, AMAT, MU, LRCX, KLAC, ADI, MRVL. This is where the leadership and the money is. Several names sit within 1-2% of 52-week highs.
Cybersecurity (within Software) — strong but extended: CRWD, PANW, FTNT all Bull(all) with bullish MACD, though FTNT (80.2) and CRWD (76.3) are overbought; PANW fell -5.6% today on profit-taking.
Mega-cap Tech — mixed / soft. AAPL and TSLA hold Bull(all) but with bearish MACD; NVDA and META are Mixed; AMZN and GOOGL slipped to Bear(20/50). Leadership has rotated out of the giants.
Consumer / Internet — WEAK. NFLX, BKNG, MELI, DASH, ORLY, COST all Bear(all). Only MAR and TSLA buck the trend.
Healthcare / Biotech — WEAK. ISRG and REGN both Bear(all) with bearish MACD despite green tape today.
Industrial / Other — mixed. LIN and CSCO firm (Bull-all); CEG, TMUS, PYPL all Bear(all).



TOP SWING TRADE SETUPS

QCOM — momentum breakout (cleanest)
Bull(all), MACD bullish, +3.8%, RSI 65.0 (the only mega-semi with real room left before overbought). Close 250.01, well above POC 180.24.
Entry: 247-250 (or break of 251) · Stop: 236.50 (below classic S1 236.99) · T1: 259 · T2: 268 · R:R: ~1:1.4 (T2)
Why: Trend + momentum + volume confluence with the lowest RSI of the leading semis, so least extended. POC far below = strong trend backbone.

KLAC — 52-week-high breakout
Bull(all), MACD bullish, +3.9%, RSI 69.4. Close 2125.11 just under the 52w high 2145.52.
Entry: break and hold > 2146 · Stop: 2090 (Cam S3) · T1: 2222 · T2: 2300 · R:R: ~1:1.4 / 1:2.7
Why: Clean breakout structure, RSI not yet overbought, price holding above POC 1710. A close over 2146 opens blue-sky.

LRCX — trend continuation
Bull(all), MACD bullish, +2.8%, RSI 73.5. Close 343.71 above POC 259.50.
Entry: 340-344 pullback · Stop: 332 (below recent structure) · T1: 355 · T2: 368 · R:R: ~1:1.1 / 1:2.3
Why: Rides the dominant semi theme; buy dips while above EMA20 (304). Overbought RSI argues for waiting on a pullback rather than chasing.

AMAT — secondary semi long
Bull(all), MACD bullish, +2.2%, RSI 73.9. Close 500.77, above POC 398.97.
Entry: 497-501 · Stop: 485 (below classic S1 489.33 buffer) · T1: 519 · T2: 540 · R:R: ~1:1.2 / 1:2.5
Why: Same sector tailwind; round-number 500 acts as a pivot. Confluence of trend, MACD and POC support.

Earnings note: AVGO (Bull-all, RSI 73.3) reported after the bell 03 Jun — treat as event-driven; wait for the gap to settle before positioning.



INTRADAY SETUPS (Pivot / Camarilla)

AMD — Pivot bounce (long, with trend)
Strong Bull(all) uptrend. Buy dips into pivot / Cam support.
Direction: LONG · Entry: 537.75 (pivot) / 536.43 (Cam S3) · Stop: 530.30 (Cam S4) · Target: 544.55 (R1) then 548.61 (Cam R3)
Confluence: Pivot and Cam S3 cluster tightly under price; trend strongly up; only buy bounces, do not fade.

KLAC — Camarilla breakout (trend day)
Direction: LONG on break · Entry: > 2159.75 (Cam R3), confirm > R4 2194.40 · Stop: back below 2136 (R1) · Target: 2222 / 2300
Confluence: Break of Cam R4 signals a trend day; aligns with the swing breakout thesis above.

META — Camarilla range (fade the extremes)
Mixed trend, tight Cam band. Range-trade between Cam S3 and R3.
Direction: Buy 616.41 (Cam S3) / Sell 625.17 (Cam R3) · Stops: below S4 609.85 / above R4 636.11 · Targets: pivot 615.80 then opposite band
Confluence: No clean trend (below EMA50 623.58 and EMA200 643.63) — favours mean-reversion inside the Cam range until a band breaks.

MU — Pivot bounce / breakout
Bull(all), very overbought (RSI 82.4) — long only on dips or confirmed breakout.
Direction: LONG · Entry: 1069.12 (pivot) bounce, or break > 1107.50 (Cam R4) · Stop: 1051.64 (Cam S4) · Target: 1093.54 (Cam R3) / 1119.91 (classic R2)
Confluence: Trend intact above POC 576; extreme RSI means avoid chasing mid-range.



KEY LEVELS DASHBOARD (Top 5 tradeable)

AMD — close 542.52
Cam: S4 530.34 · S3 536.43 · S1 540.49 || R1 544.55 · R3 548.61 · R4 554.70
Classic: S3 506.93 · S2 515.61 · S1 529.07 | Piv 537.75 | R1 551.21 · R2 559.89 · R3 573.35
EMA: 20 461.33 · 50 379.18 · 200 260.26 · POC 325.39
Prev H/L: 546.44 / 524.30 · 52w H/L: 546.44 / 113.28

MU — close 1079.57
Cam: S4 1051.64 · S3 1065.60 · S1 1074.91 || R1 1084.23 · R3 1093.54 · R4 1107.50
Classic: S3 998.16 · S2 1018.33 · S1 1048.95 | Piv 1069.12 | R1 1099.74 · R2 1119.91 · R3 1150.53
EMA: 20 836.60 · 50 667.53 · 200 408.00 · POC 576.48
Prev H/L: 1089.29 / 1038.50 · 52w H/L: 1089.29 / 96.96

KLAC — close 2125.11
Cam: S4 2055.82 · S3 2090.47 · S1 2113.56 || R1 2136.66 · R3 2159.75 · R4 2194.40
Classic: S3 1921.95 · S2 1970.74 · S1 2047.93 | Piv 2096.72 | R1 2173.91 · R2 2222.70 · R3 2299.89
EMA: 20 1901.22 · 50 1780.63 · 200 1425.79 · POC 1710.15
Prev H/L: 2145.52 / 2019.54 · 52w H/L: 2145.52 / 756.34

AVGO — close 479.23
Cam: S4 466.93 · S3 473.08 · S1 477.18 || R1 481.28 · R3 485.38 · R4 491.53
Classic: S3 447.22 · S2 459.93 · S1 469.58 | Piv 482.29 | R1 491.94 · R2 504.65 · R3 514.30
EMA: 20 433.51 · 50 404.70 · 200 348.63 · POC 380.61
Prev H/L: 495.00 / 472.64 · 52w H/L: 495.00 / 241.11

META — close 622.98
Cam: S4 609.85 · S3 616.41 · S1 620.79 || R1 625.17 · R3 629.55 · R4 636.11
Classic: S3 583.57 · S2 591.92 · S1 607.45 | Piv 615.80 | R1 631.33 · R2 639.68 · R3 655.21
EMA: 20 617.66 · 50 623.58 · 200 643.63 · POC 613.34
Prev H/L: 624.15 / 600.27 · 52w H/L: 796.25 / 520.26



BEARISH WARNINGS
BEARISH PYPL -4.31% — Bear(all), MACD bearish, RSI 32.6 approaching oversold, -46.4% from 52w high and only ~11% off the 52w low. Clear downtrend, no reversal signal yet.
BEARISH TMUS -3.91% — Bear(all), MACD bearish, RSI 35.2, sitting just ~0.6% above its 52w low. Breakdown risk if the low gives way.
BEARISH INTU -3.32% — Bear(all), MACD bearish, RSI 37.9, -61.7% from 52w high. Persistent weakness, well below all EMAs.
BEARISH NFLX -2.17% — Bear(all), MACD bearish, RSI 27.3 (oversold). Deeply out of favour; watch for an oversold bounce but no trend reversal.
BEARISH COST / ISRG / REGN / CEG — all Bear(all) with bearish MACD and sub-41 RSI; green closes today look like dead-cat strength against a falling trend.



EVENTS CALENDAR
This week
Thu 04 Jun — Weekly jobless claims; pre-NFP positioning.
Fri 05 Jun — US Non-Farm Payrolls (May) — the week's primary catalyst; expect elevated volatility on the open.
Ahead
Wed 10 Jun — US CPI (May).
Tue-Wed 16-17 Jun — FOMC meeting and decision.
Late Jun — BEA / PCE release block.
Earnings (tracked 40): AVGO and CRWD reported after the close 03 Jun (CRWD beat: EPS $1.10 vs $0.88). Remaining megacaps and most semis already past for this cycle; monitor guidance reaction in AVGO/CRWD for sector read-through.



Report: 03 Jun 2026 21:55 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) — DAILY TECHNICAL ANALYSIS

TUESDAY 2 JUNE 2026

Data: Close 2 Jun 2026 · NAS100: ~30,649 · Change: +122 (+0.40%) · Range: approx 30,420-30,690 (intraday recovery from a morning dip) · Fresh record high · VIX: ~16 (sub-20, risk-on)




MARKET OVERVIEW

The NAS100 closed at a fresh record near 30,649, up roughly +0.40% (+122 pts), but the gain masked a sharply split tape. A renewed AI / semiconductor surge did all the heavy lifting after Nvidia CEO Jensen Huang endorsed the optical-networking and custom-silicon theme at Computex, while large-cap software and internet names were sold hard.

Key driver: Marvell (MRVL) +32.5% on Huang calling it the "next trillion-dollar company" dragged the entire chip complex higher — AVGO, AMAT, KLAC, LRCX, TXN, ADI, QCOM and CSCO all closed up 4.7% to 7.0%. Offsetting that, enterprise software collapsed: INTU -8.9%, WDAY -5.3%, ADBE -4.4%, and GOOGL -3.9% on its $80bn stock-sale plan.

Overall bias: Bullish on price and trend (index at all-time highs, well above all key moving averages), but with a narrowing-breadth warning — the advance is concentrated in semis while software, internet and healthcare lag.




TREND ANALYSIS

EMA stack: The index printed a new record close, confirming price is above its rising 20, 50 and 200-day EMAs — a textbook bullish alignment (20 > 50 > 200, price on top).

Market structure: Higher highs and higher lows intact on the daily; today extended the sequence to a fresh ATH. No structural break of the uptrend.

Phase: Trending / breakout continuation, but extended. The leadership is rotating violently into semis and out of software — classic late-stage momentum behaviour that demands tighter risk control.




INDICATOR SIGNALS

RSI (component breadth): 12 of the 40 tracked stocks are overbought (RSI > 70) — FTNT 84.5, MRVL 85.9, CRWD 82.6, MU 81.8, CSCO 81.1, PANW 81.2, CDNS 77.8, AMD 75.2, AVGO 74.7, AAPL 73.6, AMAT 71.9, LRCX 71.0. Only REGN (25.9) is oversold, with NFLX 30.7 and ISRG 31.9 near it. Momentum is hot but stretched at the top.

MACD: The chip leaders show positive MACD with histograms expanding (MU, AVGO, AMAT, QCOM cross fresh-positive). Software laggards (INTU, DASH) carry negative MACD with widening histograms — confirming the down-leg there.

Volume: Above-average and confirming on the leaders — MRVL rv 3.07, CEG 1.79, AVGO 1.70, GOOGL 1.66 (distribution), ISRG 1.57, PANW 1.59. Volume backs both the semi breakout and the software/internet selling.




KEY NAS100 INDEX LEVELS

Resistance:

- R1 30,700 — today's record-high zone / round number, immediate cap

- R2 31,000 — next psychological milestone

- R3 31,250 — measured-move extension of the breakout

Support:

- S1 30,400 — today's intraday recovery low area

- S2 30,000 — major round number / prior breakout shelf

- S3 29,650 — rising 20-day EMA region, first trend support

Classic pivots (index, approx): S2 29,950 · S1 30,300 · Pivot 30,500 · R1 30,750 · R2 31,050

Round numbers in play: 30,000 (support), 31,000 (resistance).




NASDAQ COMPONENT SIGNALS (40 STOCKS)

Format: Ticker | Chg% | RSI(zone) | MACD | Trend | %from52wH | vs POC

AAPL | +2.9% | RSI 74(OB) | MACD Bull | Bull(all) | -0.1% | Above POC
MSFT | -4.2% | RSI 60(Bull) | MACD Bull | Bull(all) | -20.5% | Above POC
NVDA | -0.7% | RSI 59(Bull) | MACD Bear | Bull(all) | -5.8% | Above POC
AMZN | -1.8% | RSI 45(Bear) | MACD Bear | Mixed | -7.9% | Above POC
META | -0.5% | RSI 41(Bear) | MACD Bear | Bear(all) | -24.9% | Below POC
GOOGL | -3.9% | RSI 40(Bear) | MACD Bear | Mixed | -11.4% | Above POC
AVGO | +4.7% | RSI 75(OB) | MACD Bull | Bull(all) | -1.5% | Above POC
TSLA | +1.9% | RSI 54(Bull) | MACD Bear | Bull(all) | -15.1% | Above POC
COST | +0.9% | RSI 35(Bear) | MACD Bear | Bear(all) | -13.0% | Below POC
NFLX | -2.9% | RSI 31(Bear) | MACD Bear | Bear(all) | -37.9% | Below POC
AMD | +2.2% | RSI 75(OB) | MACD Bull | Bull(all) | -1.1% | Above POC
ADBE | -4.3% | RSI 57(Bull) | MACD Bull | Bull(20/50) | -37.8% | Above POC
QCOM | +5.2% | RSI 63(Bull) | MACD Bull | Bull(all) | -7.3% | Above POC
TMUS | +1.1% | RSI 45(Bear) | MACD Bull | Bear(all) | -27.8% | Below POC
LIN | -0.3% | RSI 43(Bear) | MACD Bear | Bear(20/50) | -4.9% | Below POC
ISRG | -2.4% | RSI 32(Bear) | MACD Bear | Bear(all) | -33.4% | Below POC
INTU | -8.9% | RSI 40(Bear) | MACD Bear | Bear(all) | -60.4% | Below POC
CSCO | +5.5% | RSI 81(OB) | MACD Bull | Bull(all) | -0.2% | Above POC
TXN | +5.1% | RSI 60(Bull) | MACD Bear | Bull(all) | -7.1% | Above POC
AMAT | +7.0% | RSI 72(OB) | MACD Bull | Bull(all) | -0.3% | Above POC
BKNG | -1.2% | RSI 52(Bull) | MACD Bull | Mixed | -28.4% | Below POC
PANW | -1.1% | RSI 81(OB) | MACD Bull | Bull(all) | -1.9% | Above POC
MU | +2.8% | RSI 82(OB) | MACD Bull | Bull(all) | -1.2% | Above POC
LRCX | +5.5% | RSI 71(OB) | MACD Bull | Bull(all) | -0.3% | Above POC
KLAC | +5.4% | RSI 66(Bull) | MACD Bull | Bull(all) | -0.7% | Above POC
ADI | +5.1% | RSI 59(Bull) | MACD Bear | Bull(all) | -2.9% | Above POC
REGN | +0.4% | RSI 26(OS) | MACD Bear | Bear(all) | -26.6% | Below POC
SNPS | +3.3% | RSI 55(Bull) | MACD Bear | Bull(all) | -22.0% | Above POC
CDNS | +0.5% | RSI 78(OB) | MACD Bull | Bull(all) | -0.1% | Above POC
MELI | -3.4% | RSI 47(Bear) | MACD Bull | Bear(all) | -36.8% | Below POC
CRWD | -1.7% | RSI 83(OB) | MACD Bull | Bull(all) | -2.1% | Above POC
MAR | -0.8% | RSI 58(Bull) | MACD Bull | Bull(all) | -3.8% | Above POC
ABNB | -2.5% | RSI 48(Bear) | MACD Bull | Bear(20/50) | -8.8% | Above POC
MRVL | +32.5% | RSI 86(OB) | MACD Bull | Bull(all) | -0.2% | Above POC
DASH | -4.8% | RSI 46(Bear) | MACD Bull | Bear(all) | -45.0% | Below POC
FTNT | +1.2% | RSI 84(OB) | MACD Bull | Bull(all) | -0.1% | Above POC
CEG | +2.6% | RSI 43(Bear) | MACD Bear | Bear(all) | -33.9% | Below POC
WDAY | -5.3% | RSI 64(Bull) | MACD Bull | Bull(20/50) | -42.1% | Above POC
PYPL | -1.5% | RSI 42(Bear) | MACD Bull | Bear(all) | -44.0% | Below POC
ORLY | -0.5% | RSI 33(Bear) | MACD Bear | Bear(all) | -20.7% | Below POC




SECTOR GROUPING

Semiconductors — STRONG / LEADERS: NVDA, AVGO, AMD, AMAT, KLAC, LRCX, MU, QCOM, ADI, TXN, MRVL. The day's engine. All bar NVDA closed up 2.2%-7.0% (MRVL +32.5%); nearly all above every key EMA. This is where the trend lives.

Mega-cap Tech — MIXED: AAPL +2.9%% (bull, near 52w high) and MSFT (bull stack) hold up; NVDA flat; but AMZN, META and GOOGL all fell, GOOGL hardest on the $80bn share-sale plan.

Software / Cloud — WEAK: INTU -8.9%, WDAY -5.3%, ADBE -4.4%, PYPL bearish. Pockets of strength only in security/EDA momentum names (PANW, CRWD, FTNT, CDNS, SNPS) which are themselves deeply overbought.

Consumer / Internet — WEAK: NFLX, MELI, ABNB, DASH, COST, ORLY, BKNG all bearish-to-mixed. TSLA (+1.9%) and MAR are the exceptions.

Healthcare / Biotech — WEAK: ISRG (RSI 31.9) and REGN (RSI 25.9, oversold) both below all EMAs, no reversal signal yet.

Industrial / Other — WEAK: LIN, CEG (-34% from highs), TMUS all below their 20/50-day EMAs.




TOP SWING TRADE SETUPS

1. AMAT — 52-week-high breakout (LONG)

Closed 490.05 (+6.96%), tagging the 52w high at 491.51 on rv 1.16, RSI 71.9, MACD bullish, above all EMAs (20 436.9 / 50 407.9 / 200 318.6). POC 395.42 sits far below — no overhead supply.

Entry: 491.5 breakout, or pullback to 481-484 · Stop: 470 (~1 ATR) · T1: 500.5 · T2: 511 · R:R: ~1:1.5

Why: Clean breakout to all-time highs, volume confirmation, no resistance overhead. POC well below price supports the long thesis.

2. QCOM — MACD cross with room to run (LONG)

Closed 240.84 (+5.17%), RSI 62.7 (room before overbought), fresh-positive MACD (20.41 > 19.95), above all EMAs. POC 178.75 far below.

Entry: 237-239 (cam pivot) · Stop: 224 (<1 ATR, below cam S4 230) · T1: 248.7 · T2: 256.5 / 259.9 (52w high) · R:R: ~1:1.6

Why: Not yet overbought, MACD just crossed up, trend fully aligned — best risk/reward in the chip group for a continuation entry.

3. KLAC — trend continuation toward 52w high (LONG)

Closed 2045.20 (+5.42%), RSI 65.5 (still has headroom), MACD bullish, above all EMAs, just below 52w high 2060.08. POC 1697.82 far below.

Entry: 2018-2027 (cam S2/S3) pullback, or break of 2060 · Stop: 1963 (~1 ATR 82) · T1: 2078 · T2: 2112 · R:R: ~1:1.4

Why: Mid-range RSI on a fresh thrust day leaves room; confluence of rising EMAs and breakout proximity.

4. AVGO — volume-confirmed breakout (LONG)

Closed 481.57 (+4.70%) on the strongest relative volume of the mega-semis (rv 1.70), tagged 52w high 488.82, RSI 74.7 (overbought — manage size), above all EMAs.

Entry: 488.8 breakout, or dip to 479-480 · Stop: 464 (~1 ATR 17) · T1: 490 · T2: 498.6 · R:R: ~1:1.2

Why: Heaviest volume confirmation in the group. Overbought RSI is the only caution — keep position size modest.

5. MRVL — momentum leader, NOT a fresh entry (WATCH)

CAUTION: Closed 290.79 (+32.52%), RSI 85.9, rv 3.07, sitting on its 52w high 291.30. The catalyst is real but the move is parabolic and 90% above its EMA200 (112.0). Chasing here is poor risk/reward. Let it digest; only consider entries on a multi-day base above the prior breakout (~250-265), never on the spike.




INTRADAY SETUPS (PIVOT & CAMARILLA)

Pivot Bounce — NVDA (LONG)

NVDA closed 222.82 (-0.69%) but holds a full bullish EMA stack. Price sits between cam S1 221.82 and pivot 225.48.

Long: bounce off 220.8-221.8 (cam S1/S2) · Stop: 219.8 (below cam S3) · T1: 225.5 (pivot) · T2: 229.6 (R1) · Direction: with-trend dip-buy

Camarilla Range — TXN (RANGE)

TXN closed 308.12 mid-range with a tight Camarilla band. Fade the edges while the chip rally consolidates.

Buy: near cam S3 305.5 · Sell/short: near cam R3 310.7 · Stops: just beyond cam S4 302.9 / R4 313.3 · Direction: range / mean-reversion

Camarilla Breakout — AVGO (LONG TREND-DAY)

A break and hold above cam R4 491.67 (which sits just over the 52w high 488.82) signals a trend day.

Entry: > 491.7 · Stop: back below 484.9 (cam R2) · T1: 498.6 (classic R2) · T2: 508.5 (classic R3) · Direction: breakout long

Pivot Bounce Short — GOOGL (SHORT)

GOOGL is the cleanest short: -3.86%, bearish MACD cross (5.58 < 11.07), below EMA20 380, heavy distribution volume (rv 1.66) on the $80bn share-sale overhang.

Short: rallies into 364.6 (pivot) / EMA20 · Stop: 366.5 (>cam R3) · T1: 357.7 (cam S3) · T2: 349.5 (classic S2) · Direction: counter-rally short




KEY LEVELS DASHBOARD — TOP 5 TRADEABLE

NVDA (close 222.82, -0.69%)

Cam: S4 216.81 · S3 219.81 · S2 220.82 · S1 221.82 || R1 223.82 · R2 224.82 · R3 225.83 · R4 228.83

Classic: S3 207.76 · S2 214.55 · S1 218.69 · Pivot 225.48 · R1 229.62 · R2 236.41 · R3 240.55

EMA: 20 215.83 · 50 206.12 · 200 185.5 | POC 198.04

Day H/L: 232.28 / 221.35 | 52w H/L: 236.54 / 135.4

AMD (close 521.54, +2.24%)

Cam: S4 509.84 · S3 515.69 · S2 517.64 · S1 519.59 || R1 523.49 · R2 525.44 · R3 527.39 · R4 533.24

Classic: S3 486.41 · S2 493.81 · S1 507.68 · Pivot 515.08 · R1 528.95 · R2 536.35 · R3 550.22

EMA: 20 452.79 · 50 372.51 · 200 257.43 | POC 320.52

Day H/L: 522.49 / 501.22 | 52w H/L: 527.2 / 111.01

AVGO (close 481.57, +4.70%)

Cam: S4 471.47 · S3 476.52 · S2 478.2 · S1 479.89 || R1 483.25 · R2 484.94 · R3 486.62 · R4 491.67

Classic: S3 453.39 · S2 461.92 · S1 471.75 · Pivot 480.28 · R1 490.11 · R2 498.64 · R3 508.47

EMA: 20 428.7 · 50 401.65 · 200 347.32 | POC 376.7

Day H/L: 488.82 / 470.46 | 52w H/L: 488.82 / 241.11

AMAT (close 490.05, +6.96%)

Cam: S4 473.52 · S3 481.78 · S2 484.54 · S1 487.29 || R1 492.81 · R2 495.56 · R3 498.32 · R4 506.58

Classic: S3 440.44 · S2 450.94 · S1 470.5 · Pivot 481 · R1 500.56 · R2 511.06 · R3 530.62

EMA: 20 436.87 · 50 407.91 · 200 318.62 | POC 395.42

Day H/L: 491.51 / 461.45 | 52w H/L: 491.51 / 154.47

QCOM (close 240.84, +5.17%)

Cam: S4 230.31 · S3 235.58 · S2 237.33 · S1 239.09 || R1 242.59 · R2 244.35 · R3 246.1 · R4 251.37

Classic: S3 210.39 · S2 218.22 · S1 229.53 · Pivot 237.36 · R1 248.67 · R2 256.5 · R3 267.81

EMA: 20 215.59 · 50 186.1 · 200 164.28 | POC 178.75

Day H/L: 245.19 / 226.05 | 52w H/L: 259.92 / 121.99




BEARISH WARNINGS

INTU -8.9% — broke below all EMAs (20 354 / 50 386 / 200 508), MACD deeply negative, now -60% from its 52w high. The weakest chart in the index.

WDAY -5.3% — lost its EMA200 (172.5), -42% from 52w high; the bounce-trend above 20/50 EMA is now at risk.

GOOGL -3.9% — bearish MACD cross, slipped below EMA20 on heavy volume; $80bn share-sale overhang. Mixed structure turning down.

DASH -4.8% / MELI -3.4% — both below all EMAs and 36-45% off their highs; consumer-internet weakness.

NFLX (RSI 30.7), ISRG (31.9), REGN (25.9 oversold) — below all EMAs with no reversal trigger yet; oversold is not a buy signal in a downtrend.

Index-level caution: 12 of 40 components are overbought and breadth is narrowing into semis only. A record close on a split tape is fragile — watch for a failed breakout back below 30,400.




EVENTS CALENDAR

Wed 3 Jun: ADP private payrolls · Factory orders · ISM Services PMI · Fed Beige Book

Thu 4 Jun: Weekly jobless claims · Q1 productivity & unit labour costs

Fri 5 Jun (key): May Non-Farm Payrolls, unemployment rate & average hourly earnings — the week's main catalyst, before the open

Sat 6 Jun: Kevin Warsh's first FOMC meeting as Fed Chair begins

Earnings: The heavy Q1 tech reporting season has largely passed for the 40 tracked names; this week the index will trade on macro (NFP) and the AI-chip narrative rather than single-stock earnings.




Report: 2 June 2026 21:57 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 - DAILY TECHNICAL ANALYSIS - Monday 1 June 2026
Data: Close 01 Jun 2026 | Nasdaq Comp: 27,087 (record) | Change: +0.42% | NDX (est): ~30,450 (+~0.4%) | VIX: 16.05 (+4.77%)



MARKET OVERVIEW
Wall Street opened June at fresh records. The Nasdaq Composite closed above 27,000 for the first time (+0.42% to 27,087); the S&P 500 added +0.26%. The Nasdaq-100 (NDX) print was not yet published at report time - May 29 close was 30,333.18 (+0.36%); with mega-cap mixed, NDX finished modestly higher (estimate ~30,450, derived from the +0.4% Nasdaq move).

Key drivers: Nvidia CEO Jensen Huang unveiled the new N1X PC processor at Computex (in partnership with Microsoft), igniting a chip-design and software rally. NVDA closed +6.19%, MSFT +2.28%. EDA, cybersecurity and memory names led. Offsetting this, WTI crude jumped +3.7% to $90.55 and Brent +3.2% to $94 as US-Iran strikes escalated around the Strait of Hormuz - the reason VIX rose nearly 5% even on a record day.

Overall bias: BULLISH but narrow and rotational. Breadth 22 advancers / 18 decliners across the 40 tracked names; 20 of 40 trade above their 20/50-day EMAs, 24 of 40 carry a bullish daily MACD. Leadership is concentrated in EDA software, cybersecurity and memory; mega-cap (META, TSLA, AMZN, GOOGL), analog chips (QCOM, TXN, ADI), staples (COST) and healthcare (REGN, ISRG) lagged.



TREND ANALYSIS
EMA stack: The leadership cohort (NVDA, AVGO, MSFT, MU, MRVL, CDNS, PANW, CRWD, FTNT, AMD) sits in clean bullish alignment - price > EMA20 > EMA50 > EMA200. The laggard cohort (META, COST, ISRG, REGN, NFLX, TMUS, ORLY, CEG, INTU, PYPL) is in bearish alignment below all three EMAs.

Market structure: Index-level higher highs / higher lows intact - the Composite printed a new record close. Internals are thinner than the headline suggests: the tape is being carried by a handful of AI-design and security names while several mega-caps roll over.

Phase: Trending higher at the index level, but rotational underneath. Treat it as a stock-picker's breakout tape, not a broad-based melt-up.



INDICATOR SIGNALS
RSI (14): Leaders are hot - CRWD 86.7, FTNT 83.9, PANW 83.7, MU 80.7, CDNS 77.3, CSCO 76.5, MRVL 74.2, AMD 73.7, MSFT 72.9 all overbought (>70). That is strength, but it argues for buying pullbacks rather than chasing. At the other end REGN 24.7 is oversold; COST 32.4, ORLY 34.4, ISRG 35.2, NFLX 36.7 are weak.

MACD: 24 of 40 names bullish (line above signal). Notable: NVDA's MACD line (4.21) still sits just under its signal (5.62) - momentum is lagging the +6.19% price breakout, a divergence to watch. CEG, REGN, ISRG, COST carry firmly bearish MACDs.

Volume: Relative volume confirmed the leaders - CDNS 1.97x, ADBE 1.71x, WDAY 1.67x, PANW 1.53x, AVGO 1.44x, MSFT 1.41x. CEG sold off on 2.95x (heaviest in the list) and META fell on 1.85x - distribution in the laggards.



KEY NDX INDEX LEVELS
NDX OHLC was not published at report time, so index levels below are round-number / prior-close reference points (component pivots later are exact scanner values).

Resistance: R1 ~30,500 (round number / intraday cap) - R2 ~30,700 (recent swing) - R3 ~31,000 (psychological, May record zone)
Support: S1 30,333 (29/05 close) - S2 ~30,000 (major round number) - S3 ~29,500 (rising 20-day)
Pivot reference: ~30,300 - bullish while NDX holds above 30,000.
Psychological levels: 30,000 and 31,000 are the lines that matter.



NASDAQ COMPONENT SIGNALS (by sector)
Mega-cap Tech
AAPL Bull (above all) | RSI Bull 67 | MACD Bull | 52h -2.8% | Chg -1.84% | POC Above
MSFT Bull (above all) | RSI OB 72 | MACD Bull | 52h -17.1% | Chg +2.28% | POC Above
NVDA Bull (above all) | RSI Bull 60 | MACD Bear | 52h -5.2% | Chg +6.19% | POC Above
AMZN Mixed/Recovery | RSI Neut 49 | MACD Bear | 52h -6.2% | Chg -3.47% | POC Above
META Bear (below all) | RSI Neut 42 | MACD Bull | 52h -24.6% | Chg -5.07% | POC Below
GOOGL Mixed/Recovery | RSI Neut 50 | MACD Bear | 52h -7.9% | Chg -1.04% | POC Above
AVGO Bull (above all) | RSI Bull 69 | MACD Bull | 52h -1.3% | Chg +2.95% | POC Above
TSLA Mixed/Recovery | RSI Neut 50 | MACD Bear | 52h -16.6% | Chg -4.57% | POC Above
Split tape - NVDA/MSFT/AVGO bullish and leading; META, AMZN, TSLA, GOOGL soft.

Semiconductors
AMD Bull (above all) | RSI OB 73 | MACD Bull | 52h -3.2% | Chg -1.16% | POC Above
QCOM Bull (above all) | RSI Neut 59 | MACD Bull | 52h -11.9% | Chg -8.78% | POC Above
MU Bull (above all) | RSI OB 80 | MACD Bull | 52h -1.2% | Chg +6.56% | POC Above
AMAT Bull (above all) | RSI Bull 64 | MACD Bull | 52h -1.2% | Chg +1.80% | POC Above
LRCX Bull (above all) | RSI Bull 65 | MACD Bull | 52h -4.8% | Chg -0.29% | POC Above
KLAC Bull (above all) | RSI Neut 59 | MACD Bull | 52h -5.8% | Chg +0.95% | POC Above
ADI Mixed/Recovery | RSI Neut 51 | MACD Bear | 52h -7.6% | Chg -2.70% | POC Above
TXN Mixed/Recovery | RSI Neut 53 | MACD Bear | 52h -11.6% | Chg -4.11% | POC Above
MRVL Bull (above all) | RSI OB 74 | MACD Bull | 52h -2.5% | Chg +7.04% | POC Above
Memory and AI-design strong (MU, MRVL, AMAT); analog weak (QCOM -8.78%, TXN, ADI).

Software / Cloud / EDA
CDNS Bull (above all) | RSI OB 77 | MACD Bull | 52h -0.2% | Chg +10.46% | POC Above
SNPS Mixed/Recovery | RSI Neut 50 | MACD Bear | 52h -24.5% | Chg +3.50% | POC Above
PANW Bull (above all) | RSI OB 83 | MACD Bull | 52h -0.8% | Chg +6.67% | POC Above
CRWD Bull (above all) | RSI OB 86 | MACD Bull | 52h -0.4% | Chg +7.00% | POC Above
FTNT Bull (above all) | RSI OB 83 | MACD Bull | 52h -0.2% | Chg +6.65% | POC Above
WDAY Bull (above 20/50) | RSI OB 71 | MACD Bull | 52h -38.8% | Chg +7.55% | POC Above
ADBE Bull (above 20/50) | RSI Bull 65 | MACD Bull | 52h -35.0% | Chg +5.72% | POC Above
INTU Bear (below all) | RSI Neut 47 | MACD Bear | 52h -56.5% | Chg +6.71% | POC Below
Strongest group on the day - EDA (CDNS +10.46%) and cybersecurity (CRWD, PANW, FTNT) melt-up.

Consumer / Internet
NFLX Bear (below all) | RSI Bear 36 | MACD Bull | 52h -36.0% | Chg -0.20% | POC Below
BKNG Mixed/Recovery | RSI Neut 55 | MACD Bull | 52h -27.5% | Chg +1.09% | POC Below
MELI Mixed/Recovery | RSI Neut 54 | MACD Bull | 52h -34.6% | Chg +2.08% | POC Above
ABNB Bull (above all) | RSI Neut 55 | MACD Bear | 52h -6.4% | Chg +3.42% | POC Above
DASH Mixed/Recovery | RSI Neut 53 | MACD Bull | 52h -42.3% | Chg +3.45% | POC Above
MAR Bull (above all) | RSI Bull 61 | MACD Bull | 52h -2.9% | Chg +0.36% | POC Above
PYPL Bear (below all) | RSI Neut 46 | MACD Bull | 52h -43.2% | Chg +0.98% | POC Below
TMUS Bear (below all) | RSI Neut 40 | MACD Bear | 52h -28.6% | Chg -0.42% | POC Below
ORLY Bear (below all) | RSI Bear 34 | MACD Bear | 52h -20.3% | Chg -0.28% | POC Below
COST Bear (below all) | RSI Bear 32 | MACD Bear | 52h -13.7% | Chg -1.07% | POC Below
Mixed - travel firm (ABNB, DASH, MELI); staples/retail weak (COST, ORLY).

Healthcare / Biotech
ISRG Bear (below all) | RSI Bear 35 | MACD Bear | 52h -31.7% | Chg -2.92% | POC Below
REGN Bear (below all) | RSI OS 24 | MACD Bear | 52h -26.8% | Chg -2.29% | POC Below
Both in downtrends - ISRG tagged a new 52w low, REGN oversold.

Industrial / Power / Other
LIN Bear (below 20/50) | RSI Neut 44 | MACD Bear | 52h -4.6% | Chg -0.06% | POC Below
CEG Bear (below all) | RSI Bear 39 | MACD Bear | 52h -35.6% | Chg -7.66% | POC Below
CEG -7.66% on heavy volume; LIN flat below its 20/50 EMAs.



TOP SWING TRADE SETUPS
1. NVDA - Long (catalyst breakout)
Close 224.34 (+6.19%) on the N1X reveal, above all EMAs (20/50/200 = 215.10/205.44/185.13), POC 197.08 well below as support. RSI 60.4 leaves room; only caveat is MACD line still under signal.
Entry: 220-223 · Stop: 213 (below S2 212.47, ~1.5 ATR) · T1: 227.57 (R1) · T2: 236.50 (52w high / R3) · R:R: ~1:2
POC at 197 confirms a strong demand base under price - thesis supported.

2. AVGO - Long (clean breakout)
Close 459.97 (+2.95%), coiled just under the 52w high 466.05. Above all EMAs, MACD bull, RSI 69.7 (not yet overbought = the cleanest leader). POC 372.43.
Entry: break > 466 (466-468) · Stop: 449 (below pivot 456.08, ~1 ATR) · T1: 479.91 (R2) · T2: 493.77 (R3) · R:R: ~1:1.6

3. MRVL - Long (momentum breakout)
Close 219.43 (+7.04%), pressing 52w high 225.14. Above all EMAs, MACD bull. RSI 74.2 - manage size. POC 142.03.
Entry: break > 225 (222-225) · Stop: 211 (below Cam S3 211.17) · T1: 231.34 (R1) · T2: 243.25 (R2) · R:R: ~1:1.7

4. CDNS - Long (EDA continuation)
Close 414.16 (+10.46%) at a new 52w high (414.92) on 1.97x volume - direct Nvidia chip-cycle beneficiary. RSI 77.3 overbought, so half size and buy the pullback, do not chase.
Entry: pullback 405-408 (Cam S3 405.64 / pivot 404.34) · Stop: 393 (S1 393.76) · T1: 424.74 (R1) · T2: 435.32 (R2) · R:R: ~1:1.8

5. AMD - Long (pullback in uptrend)
Close 510.13 (-1.16%) - an orderly pullback day inside a strong uptrend (above all EMAs, MACD bull, RSI 73.7). POC 316.35. Wait for a reclaim of the day high.
Entry: reclaim > 517.5 (510-517) · Stop: 492 (S1 492.12, ~1 ATR) · T1: 527.20 (52w high) · T2: 535.51 (R2) · R:R: ~1:1.2



INTRADAY SETUPS (pivot & Camarilla)
Pivot Bounce - NVDA (long)
With trend, buy a hold of pivot 221.64 / S1 218.40. Stop: < 212.47 (S2) · Target: R1 227.57.

Pivot Bounce - MSFT (long, catalyst)
Closed on pivot 461.70 as the named N1X partner. Long > 462 toward R1 465.14 then R2 469.75. Stop: < 457.09 (S1).

Camarilla Range - AAPL
Tight band Cam S3 304.68 / R3 307.94 (close 306.31). Buy 304.7 stop < 303.05 (S4) target pivot 307.42; fade 307.9 back into the range.

Camarilla Breakout - FTNT (long)
Break > 147.49 (52w high, just above Cam R3 149.13) signals a trend day toward Cam R4 151.12. Stop: < 145.15 (Cam S3).

Camarilla Breakout - PANW (long)
Break > 302.95 (52w high) targets Cam R4 311.01. Stop: < 296.97 (Cam S2).

Pivot Fade - QCOM (short)
Reversal candle -8.78%. Short rallies into pivot 231.27 / R1 235.74. Target: S1 224.53 then S2 220.06 · Stop: > 235.74.

Pivot Fade - META (short)
Below all EMAs, -5.07%. Short a bounce into 607-612 (Cam R3 610.43 / pivot 611.92). Target: S1 588.08 then S2 575.70 · Stop: > 620.39 (Cam R4).



KEY LEVELS DASHBOARD (top 5 tradeable)
NVDA
Cam: S4 219.3 · S3 221.82 · S2 222.66 · S1 223.5 || Pivot 221.64 || R1 225.18 · R2 226.02 · R3 226.86 · R4 229.38
Classic: S3 209.23 · S2 212.47 · S1 218.4 || Pivot 221.64 || R1 227.57 · R2 230.81 · R3 236.74
EMA: 20 215.1 · 50 205.44 · 200 185.13 || POC 197.08
Prev day H/L: 224.87 / 215.7 || 52w H/L: 236.54 / 132.92

CDNS
Cam: S4 397.12 · S3 405.64 · S2 408.48 · S1 411.32 || Pivot 404.34 || R1 417 · R2 419.84 · R3 422.68 · R4 431.2
Classic: S3 362.78 · S2 373.36 · S1 393.76 || Pivot 404.34 || R1 424.74 · R2 435.32 · R3 455.72
EMA: 20 361.52 · 50 337.61 · 200 318.5 || POC 320.29
Prev day H/L: 414.92 / 383.94 || 52w H/L: 414.92 / 262.75

MRVL
Cam: S4 202.92 · S3 211.17 · S2 213.93 · S1 216.68 || Pivot 213.23 || R1 222.18 · R2 224.93 · R3 227.69 · R4 235.94
Classic: S3 171.3 · S2 183.21 · S1 201.32 || Pivot 213.23 || R1 231.34 · R2 243.25 · R3 261.36
EMA: 20 185.4 · 50 156.73 · 200 110.21 || POC 142.03
Prev day H/L: 225.14 / 195.12 || 52w H/L: 225.14 / 58.61

PANW
Cam: S4 289.95 · S3 295.21 · S2 296.97 · S1 298.72 || Pivot 295.74 || R1 302.24 · R2 303.99 · R3 305.75 · R4 311.01
Classic: S3 269.39 · S2 276.59 · S1 288.54 || Pivot 295.74 || R1 307.69 · R2 314.89 · R3 326.84
EMA: 20 240.14 · 50 209.04 · 200 189.3 || POC 191.64
Prev day H/L: 302.95 / 283.8 || 52w H/L: 302.95 / 139.57

MSFT
Cam: S4 456.09 · S3 458.31 · S2 459.04 · S1 459.78 || Pivot 461.7 || R1 461.26 · R2 462 · R3 462.73 · R4 464.95
Classic: S3 449.04 · S2 453.65 · S1 457.09 || Pivot 461.7 || R1 465.14 · R2 469.75 · R3 473.19
EMA: 20 423.16 · 50 415.24 · 200 437.1 || POC 404.86
Prev day H/L: 466.32 / 458.27 || 52w H/L: 555.45 / 356.28



BEARISH WARNINGS
BEARISH CEG -7.66% on 2.95x volume (heaviest seller). Below all EMAs (287/293/306), MACD bearish, -35.6% from 52w high. Clear downtrend.
BEARISH QCOM -8.78% - the single biggest drop. Still technically above its EMAs but this is a sharp distribution candle off 238 highs; momentum cracked.
BEARISH META -5.07% on 1.85x volume, below all EMAs, -24.6% from high. Distribution.
BEARISH ISRG -2.92%, printed a NEW 52w low (411.83), below all EMAs, MACD bearish. Breaking down.
BEARISH REGN RSI 24.7 (oversold), below all EMAs, deeply negative MACD - falling knife, not yet a buy.
BEARISH COST RSI 32.4, below all EMAs, MACD bearish - defensive money rotating out.
BEARISH NFLX / ORLY / TMUS all below all three EMAs with weak RSI - avoid longs.
Note: INTU (+6.71%) and WDAY (+7.55%) bounced hard but remain in longer-term downtrends (below EMA200) - relief rallies, not confirmed reversals.



EVENTS CALENDAR
Macro (US): Start-of-month data run this week - ISM Manufacturing PMI and JOLTS job openings early week, ADP and ISM Services mid-week, and the May Non-Farm Payrolls report Friday. No FOMC meeting this week; CPI is later in the month.

Geopolitics: US-Iran strikes and the Strait of Hormuz are the live risk - watch oil. A spike above $95 WTI would pressure tech multiples and lift VIX.

Stocks: Q1 earnings season for the megacaps is past; the active catalyst is the Computex / Nvidia N1X PC-chip narrative flowing through AVGO, MRVL, MU, CDNS, SNPS and MSFT. No major tracked-name earnings due in the immediate session.



Report: 01 June 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) — DAILY TECHNICAL ANALYSIS


Friday 29 May 2026


Data: Close 29 May 2026 | NAS100: ~30,100 | Change: roughly flat on the day (-0.4%) | Range: 29,809 - 30,100 | VIX: 15.74 (-3.4%)


MARKET OVERVIEW
The NAS100 closed essentially flat on Friday, hovering around the 30,100 area after a 29,809-30,100 session range, capping a powerful month in which the index gained roughly 8% and pushed into record-high territory. The headline calm masked a sharply split tape: of the 40 tracked components, exactly 20 advanced and 20 declined. BULLISH drivers were software and semiconductors — Microsoft +5.45%, Palo Alto +9.28%, CrowdStrike +8.94%, Workday +12.45%, Adobe +7.36%, Fortinet +6.38%, Micron +5.14% and Qualcomm +3.18% — supported by fresh AI-software optimism (a new Anthropic funding round) and Dell's blow-out AI-server guidance lifting the whole hardware/semi complex. BEARISH weight came from heavyweights Nvidia -1.4%, Alphabet -2.51%, Amazon -1.23% plus Costco -3.91% and Texas Instruments -3.23%, which kept the cap-weighted index pinned despite the broad gains elsewhere.

Overall bias: NEUTRAL near-term / BULLISH medium-term. The daily candle is a doji-style pause inside a strong uptrend. VIX at 15.74 (down 3.4%) signals a relaxed, risk-on backdrop. Until the mega-cap laggards (NVDA, GOOGL, AMZN) re-engage, the index is consolidating its monthly gains rather than reversing.


TREND ANALYSIS
EMA stack: On the index, price remains above the rising 20/50/200-day EMAs — a textbook bullish alignment after the +8% monthly advance. At component level the breadth is constructive: 20 of 40 names print a full bullish stack (close above all three EMAs), 3 are reclaiming the 20/50 from below (ADBE, META, WDAY), while 13 sit in bearish or mixed configurations.

Market structure: Higher highs and higher lows on the daily and weekly. Friday's flat close just below the prior day's high keeps the structure intact — no lower high, no break of structure.

Current phase: CONSOLIDATION / DIGESTION at the highs. After a near-vertical month the index is pausing rather than distributing; the split breadth is typical of a rotation day (money leaving NVDA/GOOGL, rotating into MSFT/software/semis).


INDICATOR SIGNALS
RSI (14): Index RSI elevated in the low-to-mid 60s — firmly bullish but not yet extreme. At stock level, 8 names are overbought (>70): PANW 80.5, CRWD 83.8, FTNT 80.2, MU 78, AMD 76, CSCO 75.7, QCOM 70, AAPL 78.8. Only REGN is oversold (27.1). The cluster of overbought momentum leaders confirms strength but warns of stretched conditions in the hottest names.

MACD: 25 of 40 components carry a bullish MACD (line above signal), 15 bearish. Momentum leadership sits with software and semis. Note AVGO and TXN show bullish price structure but a bearish MACD cross — early momentum cooling worth watching.

Volume: Relative volume confirmed the up-moves on the leaders — MSFT rv 2.04, ADBE 1.99, WDAY 1.91, AVGO 1.91. Conviction was on the buy side in the winners. COST fell on rv 2.73 (heavy distribution) — the clearest single-name red flag of the session.


KEY NAS100 INDEX LEVELS
Resistance:
R1 30,224 — Thursday's close / Friday gap-fill, immediate overhead
R2 30,500 — round-number target, next psychological magnet
R3 30,650 — recent all-time-high zone

Support:
S1 30,000 — major psychological level and Friday's intraday pivot
S2 29,809 — Friday's session low, must-hold for the bulls
S3 29,500 — prior breakout shelf / 20-day EMA region

Classic pivots (approx): S2 29,650 · S1 29,900 · Pivot 30,050 · R1 30,300 · R2 30,500
Round numbers in play: 30,000 (key) · 30,500 · 29,500 · 29,000


NASDAQ COMPONENT SIGNALS (40 STOCKS)
Format: Ticker · Close · Daily% · RSI(zone) · MACD · EMA-trend · % from 52w high · POC(+ above / - below)

MEGA-CAP TECH
AAPL 312.06 -0.14% RSI 78.8 OB MACD Bull Bull(all) -0.9% 52h POC+
MSFT 450.24 +5.45% RSI 69.6 Strong MACD Bull Bull(all) -18.9% 52h POC+
GOOGL 380.34 -2.51% RSI 52.9 Neut MACD Bear Mixed -6.9% 52h POC+
AMZN 270.64 -1.23% RSI 59.7 Neut MACD Bear Bull(all) -2.8% 52h POC+
META 632.51 -0.44% RSI 55.4 Neut MACD Bull Bull(20/50) -20.6% 52h POC+

SEMICONDUCTORS
NVDA 211.26 -1.4% RSI 49.5 Neut MACD Bear Mixed -10.7% 52h POC+
AVGO 446.77 +4.73% RSI 65.9 Strong MACD Bear Bull(all) -0.5% 52h POC+
AMD 516.1 -0.38% RSI 76 OB MACD Bull Bull(all) -2.1% 52h POC+
QCOM 251.02 +3.18% RSI 70 OB MACD Bull Bull(all) -3.4% 52h POC+
TXN 305.75 -3.23% RSI 60.9 Strong MACD Bear Bull(all) -7.8% 52h POC+
AMAT 450.06 +0.08% RSI 61.9 Strong MACD Bull Bull(all) -2.7% 52h POC+
MU 971 +5.14% RSI 78 OB MACD Bull Bull(all) -1.0% 52h POC+
LRCX 318.18 +0.06% RSI 66.1 Strong MACD Bull Bull(all) -4.5% 52h POC+
KLAC 1921.71 -0.31% RSI 57.9 Neut MACD Bull Bull(all) -6.7% 52h POC+
ADI 413.85 -1.23% RSI 56.2 Neut MACD Bear Bull(all) -5.0% 52h POC+
MRVL 205 +0.08% RSI 69.5 Strong MACD Bull Bull(all) -6.1% 52h POC+

SOFTWARE / CLOUD
ADBE 259.21 +7.36% RSI 58.7 Neut MACD Bull Bull(20/50) -38.5% 52h POC+
INTU 331.53 +5.92% RSI 40.1 Neut MACD Bear Bear(all) -59.3% 52h POC-
PANW 281.69 +9.28% RSI 80.5 OB MACD Bull Bull(all) -0.7% 52h POC+
SNPS 475.62 -1.04% RSI 43.7 Neut MACD Bear Bear(20/50) -27.0% 52h POC+
CDNS 374.93 +0.29% RSI 66.1 Strong MACD Bull Bull(all) -2.3% 52h POC+
CRWD 731 +8.94% RSI 83.8 OB MACD Bull Bull(all) -0.1% 52h POC+
FTNT 137.97 +6.38% RSI 80.2 OB MACD Bull Bull(all) -0.1% 52h POC+
WDAY 146.19 +12.45% RSI 66.3 Strong MACD Bull Bull(20/50) -43.1% 52h POC+
PYPL 44.75 +0.65% RSI 42.6 Neut MACD Bear Bear(all) -43.7% 52h POC-

CONSUMER / INTERNET
TSLA 435.79 -1.43% RSI 60 Strong MACD Bull Bull(all) -12.6% 52h POC+
COST 956.32 -3.91% RSI 34.1 Weak MACD Bear Bear(all) -12.8% 52h POC-
NFLX 86.02 -0.39% RSI 37.1 Weak MACD Bull Bear(all) -35.9% 52h POC-
BKNG 167.43 -1.41% RSI 52.4 Neut MACD Bull Mixed -28.3% 52h POC-
MELI 1695.65 +0.01% RSI 50 Neut MACD Bull Mixed -35.9% 52h POC-
MAR 375.6 -2.63% RSI 60.3 Strong MACD Bull Bull(all) -3.3% 52h POC+
ABNB 133.31 -0.88% RSI 46.2 Neut MACD Bear Bear(20/50) -9.5% 52h POC-
DASH 159.29 +1.65% RSI 47.5 Neut MACD Bull Bear(all) -44.2% 52h POC-
ORLY 86.88 -2.63% RSI 35 Weak MACD Bear Bear(all) -20.1% 52h POC-
TMUS 187.53 -0.78% RSI 41.7 Neut MACD Bull Bear(all) -28.3% 52h POC-

HEALTHCARE / BIOTECH
ISRG 424.64 +0.24% RSI 40.1 Neut MACD Bear Bear(all) -29.7% 52h POC-
REGN 614.78 -1.08% RSI 27.1 OS MACD Bear Bear(all) -25.1% 52h POC-

INDUSTRIAL / OTHER
LIN 497.69 -0.85% RSI 44.4 Neut MACD Bear Bear(20/50) -4.5% 52h POC+
CSCO 120.42 +1.5% RSI 75.7 OB MACD Bull Bull(all) -0.8% 52h POC+
CEG 287.75 +0.5% RSI 48.4 Neut MACD Bull Bear(all) -30.3% 52h POC-


SECTOR GROUPING
Software / Cloud — STRONGEST (avg +5.6%, 6/9 bullish): the day's clear leader. PANW, CRWD, FTNT, WDAY and ADBE all surged on AI-software demand. Momentum is overbought but trend is intact.

Semiconductors — FIRM (avg +0.6%, 10/11 bullish): broad bull stacks, led by MU +5.14% and QCOM +3.18%. Only NVDA (mixed) lagged, weighing on the index given its weight. Watch AVGO/TXN MACD cooling.

Mega-cap Tech — MIXED (avg +0.2%, 4/5 bullish stack): MSFT did the heavy lifting (+5.45%); GOOGL, AMZN and NVDA dragged. This split is why the index finished flat.

Consumer / Internet — WEAKEST (avg -1.2%, only 2/10 bullish): COST -3.91% on heavy volume, ORLY -2.63%, MAR -2.63%. Clear rotation OUT of consumer names.

Healthcare / Biotech — WEAK (0/2 bullish): ISRG and REGN both in full bear stacks; REGN oversold at RSI 27.

Industrial / Other — MIXED: CSCO strong (+1.5%, bull stack, OB); LIN and CEG soft.


TOP SWING TRADE SETUPS
1. MSFT — Long (EMA200 reclaim, high-volume breakout)
Entry: 448-451 · Stop: 432.60 · T1: 473.76 · T2: 491.40 · R:R: 1:1.3 / 1:2.3
Closed +5.45% on rv 2.04, reclaiming the 200-EMA (436.87) with a full bull stack and RSI 69.6 (strong, not extreme). POC at 403.55 sits far below — price has clear air to run and 18.9% of upside back toward the 52w high (555). Best risk/reward of the leaders.

2. ADBE — Long (recovery, 20/50 reclaim)
Entry: 257-260 · Stop: 244.69 · T1: 278.57 · T2: 293.09 · R:R: 1:1.3 / 1:2.3
Jumped +7.36% on rv 1.99, reclaiming the 20/50 EMAs with a fresh bullish MACD. Sits 38.5% below its 52w high — huge room. Close is above POC (248.80), which supports the long thesis. A deep-value momentum turn.

3. WDAY — Long (earnings-gap momentum)
Entry: 144-147 · Stop: 134.38 · T1: 161.93 · T2: 173.74 · R:R: 1:1.3 / 1:2.3
Exploded +12.45% on rv 1.91, reclaiming 20/50. RSI 66 leaves headroom and price is 43% below its 52w high. POC 127.65 below = thesis intact. Caution: very extended intraday — prefer a pullback entry toward 144.

4. MU — Long (semis breakout, trend continuation)
Entry: 960-971 · Stop: 887 · T1: 1083 · T2: 1167 · R:R: 1:1.3 / 1:2.3
+5.14%, full bull stack, 1% off its 52w high. RSI 78 is overbought so size down / wait for a shallow dip — but the trend and POC (548, far below) strongly favour longs.

5. AMAT — Long (clean bull stack, contained risk)
Entry: 448-451 · Stop: 422.81 · T1: 486.40 · T2: 513.65 · R:R: 1:1.3 / 1:2.3
Bull stack, bullish MACD, RSI 61.9 (room to run), only 2.7% off 52w high. The least-stretched semi setup — a steadier vehicle than the overbought names.


INTRADAY SETUPS (PIVOT / CAMARILLA)
Pivot Bounce — MSFT (long)
Trades above its classic pivot (444.31). Long dips toward 444-446, stop below 440, target R1 456.26. Trend confirmation from the bull stack and +5.45% close.

Pivot Bounce — AMD (long)
Holding above pivot 513.84. Long 510-514, stop 505.69 (classic S1), target R1 524.26. Bull stack, RSI 76 so keep it tight and intraday only.

Camarilla Range — NVDA (fade the edges)
NVDA closed below pivot (213.42) with a wide range. Range-trade between Cam S3 209.41 and Cam R3 213.11: buy 209.4 stop 207.5, sell 213.1 stop 215.0. Loss of Cam S4 207.56 flips it short toward 206.69 (classic S2).

Camarilla Breakout — GOOGL (short bias)
Weak close (-2.51%), mixed stack. A break and hold below Cam S4 376.61 signals a trend-down day: short 376.5, stop 378.5, target classic S1 377.45 then 374.

Camarilla Breakout — QCOM (long bias)
Strong +3.18% close, bull stack. A reclaim and hold above Cam R4 257.85 signals trend-up continuation: long 258, stop 254.4 (Cam R3), target classic R1 258.12 then 260+.


KEY LEVELS DASHBOARD (TOP 5 TRADEABLE)
MSFT (C 450.24)
Cam: S4 440.36 · S3 445.30 · S1 448.59 || R1 451.89 · R3 455.18 · R4 460.12
Classic: S3 420.32 · S2 426.34 · S1 438.29 | Piv 444.31 | R1 456.26 · R2 462.28 · R3 474.23
EMA: 20 419.22 · 50 413.39 · 200 436.87 || POC 403.55
Prev Day: H 450.33 · L 432.36 || 52wk: H 555.45 · L 356.28

NVDA (C 211.26)
Cam: S4 207.56 · S3 209.41 · S1 210.64 || R1 211.88 · R3 213.11 · R4 214.96
Classic: S3 202.24 · S2 206.69 · S1 208.97 | Piv 213.42 | R1 215.70 · R2 220.15 · R3 222.43
EMA: 20 214.13 · 50 204.67 · 200 184.73 || POC 196.26
Prev Day: H 217.86 · L 211.13 || 52wk: H 236.54 · L 132.92

AAPL (C 312.06)
Cam: S4 309.05 · S3 310.56 · S1 311.56 || R1 312.56 · R3 313.56 · R4 315.07
Classic: S3 303.92 · S2 306.73 · S1 309.39 | Piv 312.20 | R1 314.86 · R2 317.67 · R3 320.33
EMA: 20 297.89 · 50 283.23 · 200 261.83 || POC 273.06
Prev Day: H 315.00 · L 309.53 || 52wk: H 315.00 · L 195.07

AMD (C 516.10)
Cam: S4 505.89 · S3 510.99 · S1 514.40 || R1 517.80 · R3 521.21 · R4 526.31
Classic: S3 487.12 · S2 495.27 · S1 505.69 | Piv 513.84 | R1 524.26 · R2 532.41 · R3 542.83
EMA: 20 438.75 · 50 360.56 · 200 252.21 || POC 311.75
Prev Day: H 522.00 · L 503.43 || 52wk: H 527.20 · L 108.62

AVGO (C 446.77)
Cam: S4 437.18 · S3 441.98 · S1 445.17 || R1 448.37 · R3 451.56 · R4 456.36
Classic: S3 418.43 · S2 424.95 · S1 435.86 | Piv 442.38 | R1 453.29 · R2 459.81 · R3 470.72
EMA: 20 419.25 · 50 395.88 · 200 344.83 || POC 369.03
Prev Day: H 448.90 · L 431.47 || 52wk: H 448.90 · L 234.90


BEARISH WARNINGS
COST -3.91% on rv 2.73 — heavy distribution, full bear stack, below POC. The session's standout weakness.
REGN — full bear stack, RSI 27 (oversold) but no reversal signal yet; falling-knife risk.
INTU -then-+5.92% bounce — still 59% below its 52w high in a full bear stack and below POC; the pop is counter-trend.
ISRG, TMUS, CEG, DASH, NFLX, PYPL, ORLY — all in bear stacks below POC; avoid longs, these are the index's soft underbelly.
AVGO / TXN — bullish price but bearish MACD crosses; momentum cooling beneath the surface despite firm closes.
Overbought watch: PANW (RSI 80.5), CRWD (83., FTNT (80.2), MU (78), AAPL (78. — extended; chase with caution, expect mean-reversion wobbles.


EVENTS CALENDAR
Macro (week of 1 June 2026):
Mon 1 Jun — ISM Manufacturing PMI; S&P Global Manufacturing PMI (final)
Tue 2 Jun — Factory orders; Fed speakers
Wed 3 Jun — ADP private payrolls; ISM Services PMI; JOLTS job openings
Thu 4 Jun — Weekly jobless claims
Fri 5 Jun — US Non-Farm Payrolls (May) + unemployment rate — the week's key catalyst

Stock catalysts: Mega-cap earnings season is largely past; flow now driven by AI-capex headlines, semis guidance and the payrolls print. Watch for follow-through (or fade) in this week's gappers — WDAY, PANW, CRWD, ADBE, DELL.

Note: macro dates follow the standard US release schedule; confirm exact times on an economic calendar before trading.


Report: 29 May 2026 21:55 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 DAILY TECHNICAL ANALYSIS - Thursday 28 May 2026
Data: Close 28-May-2026 | NAS100: 30,123.44 | Change: +149.87 (+0.50%) | Prior: 29,973.57 | VIX: ~17.26



MARKET OVERVIEW

NAS100 pushed to a fresh all-time high on Thursday, shrugging off the hottest core-PCE print in nearly three years and a denied Iran-US peace headline. Tech reclaimed leadership: AI/software names led (Microsoft, Oracle, Palantir all +3-4% in the broader tape), while Snowflake surged on a USD 6bn AWS partnership. Within our 40-stock NAS100 universe the average component closed +0.41% with 20/40 full-trend bullish (above all three EMAs). The standout positive was AMD +4.55% - a fifth straight green session - while the only material drag was SNPS -8.61% post-earnings despite a guidance raise (knife-catching territory).

Bias: BULLISH - Index above EMA50 (29,227) and EMA200 (27,930), RSI 57.9 in neutral-bullish zone with room to run, MACD (105.6) positive and rising. VIX subdued at ~17.26.



TREND ANALYSIS

EMA Stack (NAS100): Price 30,123 > EMA50 29,227 > EMA200 27,930. Classic bullish alignment with a ~7.8% cushion above the 200-day. EMA50 rising and pulling away from EMA200 - no death-cross risk on the horizon.

Market structure: Higher-highs / higher-lows intact. The 30,000 psychological barrier was reclaimed and converted to support intraday.

Phase: Trending higher with broadening leadership (semis joining the mega-cap rally).



INDICATOR SIGNALS

RSI (14): 57.9 - neutral-bullish, no overbought warning at index level. However component-level RSI is heating up: AAPL 80, CRWD 79, AMD 77, MU 76, FTNT 76, PANW 74, CSCO 74. Seven names already overbought - watch for short-term mean-reversion in this cluster.

MACD: 105.6 - positive, line above signal, histogram expanding. Momentum confirms price action.

Breadth: 24/40 (60%) green on the day, 20/40 (50%) full-trend bullish. Semis sector breadth a perfect 9/9 - the rotation back into chips is real.



KEY NAS100 INDEX LEVELS

Resistance:
- R3: 30,500 - upper measured move from the May breakout box
- R2: 30,300 - psychological round + 1.272 fib extension
- R1: 30,180 - intraday high cluster, immediate cap

Support:
- S1: 30,000 - reclaimed psychological floor, must hold
- S2: 29,800 - prior breakout pivot
- S3: 29,580 - rising EMA20 and gap-fill zone

Classic pivots (est): P 30,030 | R1 30,210 | R2 30,390 | S1 29,850 | S2 29,670



SECTOR ROTATION SCORECARD

- Mega-cap Tech (8 names): avg +0.93%, bulls 7/8 - LEADER
- Semiconductors (9 names): avg +1.10%, bulls 9/9 - LEADER
- Software/Cloud (9 names): avg +0.78%, bulls 6/9 - LEADER
- Consumer/Internet (10 names): avg +0.10%, bulls 2/10 - Constructive
- Healthcare/Biotech (2 names): avg +0.11%, bulls 0/2 - Constructive
- Industrial/Other (2 names): avg -0.99%, bulls 0/2 - LAGGARD

Takeaway: Semis (+1.10%) and Mega-cap Tech (+0.93%) doing the heavy lifting. Consumer/Internet flat (held back by NFLX -1.13%, TMUS -0.93%, COST -0.85%). Defensives (LIN, CEG) red - clear risk-on tape.



NASDAQ 100 COMPONENT SIGNALS (40 STOCKS)

Mega-cap Tech
- AAPL 312.51 +0.53% | Trend: Bull all | RSI OB 80 | MACD Bull+ | -0.2% from 52w-H | aPOC
- MSFT 426.99 +3.47% | Trend: Bull 20/50 | RSI Neut 59 | MACD Bear+ | -23.1% from 52w-H | aPOC
- NVDA 214.28 +0.79% | Trend: Mixed | RSI Neut 53 | MACD Bear+ | -9.4% from 52w-H | aPOC
- AMZN 274.00 +0.79% | Trend: Bull all | RSI Bull 64 | MACD Bear+ | -1.6% from 52w-H | aPOC
- META 635.29 +0.01% | Trend: Bull 20/50 | RSI Neut 57 | MACD Bull- | -20.2% from 52w-H | aPOC
- GOOGL 390.13 +0.33% | Trend: Bull all | RSI Bull 62 | MACD Bear+ | -4.5% from 52w-H | aPOC
- TSLA 442.10 +0.40% | Trend: Bull all | RSI Bull 64 | MACD Bull+ | -11.4% from 52w-H | aPOC
- AVGO 426.58 +1.12% | Trend: Bull all | RSI Neut 58 | MACD Bear+ | -3.6% from 52w-H | aPOC

Semiconductors
- AMD 518.09 +4.55% | Trend: Bull all | RSI OB 77 | MACD Bull+ | -1.7% from 52w-H | aPOC
- QCOM 243.29 +4.24% | Trend: Bull all | RSI Bull 68 | MACD Bull+ | -5.7% from 52w-H | aPOC
- TXN 315.95 -0.47% | Trend: Bull all | RSI Bull 69 | MACD Bear+ | -4.7% from 52w-H | aPOC
- AMAT 449.68 +0.32% | Trend: Bull all | RSI Bull 62 | MACD Bull+ | -2.8% from 52w-H | aPOC
- MU 923.52 -0.53% | Trend: Bull all | RSI OB 76 | MACD Bull+ | -3.4% from 52w-H | aPOC
- LRCX 318.00 -0.29% | Trend: Bull all | RSI Bull 66 | MACD Bull+ | -4.6% from 52w-H | aPOC
- KLAC 1927.63 -1.51% | Trend: Bull all | RSI Neut 58 | MACD Bull+ | -6.4% from 52w-H | aPOC
- ADI 419.01 +0.51% | Trend: Bull all | RSI Neut 59 | MACD Bear+ | -3.8% from 52w-H | aPOC
- MRVL 204.83 +3.09% | Trend: Bull all | RSI Bull 69 | MACD Bull+ | -6.2% from 52w-H | aPOC

Software/Cloud
- ADBE 241.44 +1.34% | Trend: Bear all | RSI Neut 46 | MACD Bear- | -42.7% from 52w-H | bPOC
- INTU 313.00 +1.71% | Trend: Bear all | RSI Bear 34 | MACD Bear- | -61.5% from 52w-H | bPOC
- CSCO 118.64 -0.86% | Trend: Bull all | RSI OB 74 | MACD Bull+ | -1.8% from 52w-H | aPOC
- PANW 257.77 +3.74% | Trend: Bull all | RSI OB 74 | MACD Bull+ | -1.4% from 52w-H | aPOC
- SNPS 480.64 -8.61% | Trend: Mixed | RSI Neut 45 | MACD Bear+ | -26.3% from 52w-H | aPOC
- CDNS 373.85 -0.05% | Trend: Bull all | RSI Bull 66 | MACD Bull+ | -2.6% from 52w-H | aPOC
- CRWD 671.00 +3.97% | Trend: Bull all | RSI OB 79 | MACD Bull+ | -1.0% from 52w-H | aPOC
- FTNT 129.70 +1.38% | Trend: Bull all | RSI OB 76 | MACD Bull+ | -3.9% from 52w-H | aPOC
- WDAY 130.01 +4.43% | Trend: Bull 20/50 | RSI Neut 55 | MACD Bull+ | -49.4% from 52w-H | aPOC

Consumer/Internet
- COST 995.20 -0.85% | Trend: Bear 20/50 | RSI Neut 42 | MACD Bear+ | -9.2% from 52w-H | bPOC
- NFLX 86.36 -1.13% | Trend: Bear all | RSI Bear 38 | MACD Bull- | -35.6% from 52w-H | bPOC
- TMUS 189.01 -0.93% | Trend: Bear all | RSI Neut 44 | MACD Bull- | -27.7% from 52w-H | bPOC
- BKNG 169.82 +0.86% | Trend: Bull 20/50 | RSI Neut 56 | MACD Bull- | -27.3% from 52w-H | bPOC
- MELI 1695.53 -0.04% | Trend: Mixed | RSI Neut 50 | MACD Bull- | -35.9% from 52w-H | bPOC
- MAR 385.76 -0.03% | Trend: Bull all | RSI OB 71 | MACD Bull+ | -0.7% from 52w-H | aPOC
- ABNB 134.50 +1.82% | Trend: Mixed | RSI Neut 49 | MACD Bear- | -8.7% from 52w-H | aPOC
- DASH 156.70 -0.56% | Trend: Bear all | RSI Neut 45 | MACD Bear- | -45.1% from 52w-H | bPOC
- PYPL 44.46 +1.60% | Trend: Bear all | RSI Neut 40 | MACD Bear- | -44.1% from 52w-H | bPOC
- ORLY 89.23 +0.24% | Trend: Bear all | RSI Neut 41 | MACD Bear- | -17.9% from 52w-H | bPOC

Healthcare/Biotech
- ISRG 423.63 +1.21% | Trend: Bear all | RSI Bear 40 | MACD Bear- | -29.8% from 52w-H | bPOC
- REGN 621.52 -0.99% | Trend: Bear all | RSI OS 28 | MACD Bear- | -24.3% from 52w-H | bPOC

Industrial/Other
- LIN 501.98 -1.16% | Trend: Mixed | RSI Neut 47 | MACD Bear+ | -3.7% from 52w-H | aPOC
- CEG 286.31 -0.82% | Trend: Bear all | RSI Neut 48 | MACD Bull- | -30.6% from 52w-H | bPOC



TOP SWING TRADE SETUPS

1) AMD - Semi Leadership Continuation (LONG)
Close 518.09 · RSI 77 · MACD Bull+ · Bull (above all) · POC 307.17 (price above)
Setup: AMD +4.55% on heavy participation, MACD expanding, sector breadth 9/9 confirming. Near 52w high (-1.7%).
Entry: 513-519 (pullback to EMA9/intraday VWAP) · Stop: 478 (1.5x ATR) · T1: 535 · T2: 552 · R:R: 1:1.8
Risk note: RSI 77 is hot - prefer a 1-2% intraday pullback rather than chasing the close.

2) CRWD - Cyber Sector Breakout (LONG)
Close 671.00 · RSI 79 · MACD Bull+ · Bull (above all) · POC 460.51 (price above)
Setup: CRWD +3.97% with PANW +3.74% and FTNT +1.38% - cyber complex moving together. Close within 1% of 52w high.
Entry: 663-671 · Stop: 631 · T1: 682 · T2: 702 · R:R: 1:1.6
Risk note: RSI 79 is overbought; wait for first red day OR breakout above 678 on rising volume.

3) WDAY - Recovery / Trend-Change (LONG)
Close 130.01 · RSI 55 · MACD Bull+ · Bull (above 20/50) · POC 127.43 (price above)
Setup: WDAY +4.43% after months under the 200-EMA. RSI 55 leaves room. Targeting EMA200 reclaim at ~173.
Entry: 127-130 · Stop: 119 · T1: 173 (EMA200) · T2: 188 · R:R: 1:2.0+
Risk note: Trend-change trades need a second confirmation day - if it red-bars tomorrow with volume, skip.

4) QCOM - Semis Catch-Up (LONG)
Close 243.29 · RSI 68 · MACD Bull+ · Bull (above all) · POC 173.94 (price above)
Setup: QCOM +4.24%, breaking out of multi-week base. RSI 68 not yet overbought, joins AMD/MRVL move.
Entry: 240-244 · Stop: 219 · T1: 258 · T2: 273 · R:R: 1:1.7

5) SNPS - Earnings Capitulation (WATCH, no setup yet)
Close 480.64 · RSI 45 · MACD Bear+ · Mixed · POC 454.71 (price above)
Setup: SNPS -8.61% on strong fundamentals (Q2 rev $2.276bn, FY guide raised to $9.665bn). Reaction looks like Ansys-related accounting noise being mispriced.
Plan: No entry today. Wait for a reversal hammer or inside-day. Above 499 with bullish RSI cross 50 = long setup. Below 462 closes the bullish thesis.



INTRADAY SETUPS (PIVOT / CAMARILLA)

a) AMD Camarilla Breakout LONG
Cam R3: 527.35 · Pivot: 512.94 · Cam S3: 508.83
Plan: Above Cam R3 (527.35) = trend-day long. Target Cam R4. Stop below pivot.
Entry: >527.35 · Stop: 512.94 · Target: 536.61 · Confluence: Daily trend up, semis breadth perfect.

b) CRWD Cam S3 Bounce LONG
Cam S3: 661.11 · Pivot: 663.34 · Cam R3: 680.89
Plan: If price dips to Cam S3, look for reversal candle for a bounce trade back to pivot.
Entry: 661.11 · Stop: 651.21 · Target: 663.34 · Confluence: Daily trend bullish, only fading short-term RSI 79 heat.

c) SNPS Cam S3-R3 Range
Cam S3: 465.68 · Pivot: 492.81 · Cam R3: 495.60
Plan: Likely range-bound day post-capitulation. Fade extremes. Long Cam S3 stop S4, short Cam R3 stop R4. Tight stops.

d) NVDA Pivot Reclaim LONG (above) / FADE (below)
Cam S3: 213.10 · Pivot: 213.67 · Cam R3: 215.46
Plan: Reclaim of pivot 213.67 with volume = long to Cam R3. Loss of pivot = fade to Cam S3.
Confluence: Mixed trend (close near EMA20), RSI 53 - genuine inflection point. Trade the reaction.

e) MU Camarilla Breakout LONG
Cam R3: 935.82 · Pivot: 925.93 · Cam S3: 911.22
Plan: RSI 76 + Bull-all trend. Above Cam R3 = continuation, target Cam R4.
Entry: >935.82 · Stop: 925.93 · Target: 948.11



KEY LEVELS DASHBOARD - TOP 5 TRADEABLE

AMD - Close 518.09
Camarilla: S4 499.57 · S3 508.83 · S1 515.00 || R1 521.18 · R3 527.35 · R4 536.61
Classic: S3 464.99 · S2 479.26 · S1 498.67 || Pivot 512.94 || R1 532.35 · R2 546.62 · R3 566.03
EMAs: EMA20 430.61 · EMA50 354.21 · EMA200 249.55 · POC 307.17
52w: High 527.20 · Low 108.62 · ATR(14) 26.61 · RV 0.77x

CRWD - Close 671.00
Camarilla: S4 651.21 · S3 661.11 · S1 667.70 || R1 674.30 · R3 680.89 · R4 690.79
Classic: S3 613.20 · S2 627.36 · S1 649.18 || Pivot 663.34 || R1 685.16 · R2 699.32 · R3 721.14
EMAs: EMA20 583.97 · EMA50 512.94 · EMA200 463.29 · POC 460.51
52w: High 677.50 · Low 342.72 · ATR(14) 26.34 · RV 0.75x

NVDA - Close 214.28
Camarilla: S4 211.92 · S3 213.10 · S1 213.89 || R1 214.67 · R3 215.46 · R4 216.65
Classic: S3 207.53 · S2 209.37 · S1 211.83 || Pivot 213.67 || R1 216.13 · R2 217.97 · R3 220.43
EMAs: EMA20 214.44 · EMA50 204.40 · EMA200 184.47 · POC 195.53
52w: High 236.54 · Low 132.92 · ATR(14) 7.17 · RV 0.81x

MU - Close 923.52
Camarilla: S4 898.93 · S3 911.22 · S1 919.42 || R1 927.62 · R3 935.82 · R4 948.11
Classic: S3 857.66 · S2 881.22 · S1 902.37 || Pivot 925.93 || R1 947.08 · R2 970.64 · R3 991.79
EMAs: EMA20 735.53 · EMA50 603.02 · EMA200 382.29 · POC 537.89
52w: High 956.16 · Low 92.22 · ATR(14) 55.88 · RV 0.89x

SNPS - Close 480.64
Camarilla: S4 450.72 · S3 465.68 · S1 475.65 || R1 485.63 · R3 495.60 · R4 510.56
Classic: S3 405.12 · S2 438.41 · S1 459.52 || Pivot 492.81 || R1 513.92 · R2 547.21 · R3 568.32
EMAs: EMA20 500.12 · EMA50 477.04 · EMA200 470.65 · POC 454.71
52w: High 651.73 · Low 376.18 · ATR(14) 18.74 · RV 2.69x



BEARISH WARNINGS

Stocks showing weakness or divergence to watch:

- SNPS - 8.61% capitulation despite strong fundamentals. Mixed trend, RSI 45. Avoid until reversal confirms.
- REGN - Bear (below all), RSI 28 (oversold but no buy signal yet), -24% from 52w high. Falling knife.
- INTU - Bear all, RSI 34, -61.5% from 52w high. Catastrophic underperformer.
- DASH - Bear all, -45% from 52w high, MACD bear-, no momentum to base.
- PYPL - Bear all, -44% from 52w high, RSI 40. Structural weakness.
- TMUS - Bear all, RSI 44, -27.7% from 52w high. Lost EMA200.
- ADBE - Bear all, -42.7% from 52w high.
- NFLX - Bear all, -35.6% from 52w high.
- CEG - Bear all, -30.6% from 52w high. Power-trade theme cooling.
- ISRG - Bear all, RSI 40, -29.8% from 52w high.

Pattern: 10/40 stocks (25%) are full-trend bearish. Concentrated in Consumer/Internet (NFLX, TMUS, DASH, PYPL, ORLY) and Healthcare (ISRG, REGN). The index is making record highs but breadth is split - typical mid-to-late cycle behaviour.



EVENTS CALENDAR

Key data already in the tape:
- US Core PCE (Apr) - released today 28-May, hottest reading in nearly 3 years (market absorbed it - bullish reaction)
- Synopsys Q2 FY26 - revenue $2.276bn (beat), FY guidance raised to $9.665bn; stock -8.61% on Ansys accounting noise

Coming up:
- Fri 29-May: Chicago PMI, University of Michigan Consumer Sentiment (final)
- Following week: ISM Manufacturing, JOLTS, ADP, Non-Farm Payrolls, ISM Services
- Tech earnings: Lululemon, Broadcom (AVGO) and DocuSign reporting in coming sessions
- No Fed speakers in blackout window

Catalysts to watch: Iran-US diplomatic headlines (denied today but volatility source). PCE was the major event - now markets back-and-fill into next NFP.



BOTTOM LINE

New all-time highs on NAS100 with the index +0.50% to ~30,123. Semis (perfect 9/9 breadth) and Mega-cap Tech leading; AMD, CRWD, WDAY and QCOM the standouts. SNPS the only material drag (-8.61% on earnings reaction looking like noise). Bias remains bullish above 30,000; first material warning would be a daily close back below EMA20 (~29,580) on rising volume. Seven stocks at RSI > 70 - selective profit-taking warranted, but no aggregate sell signal yet.

Report: 28 May 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.