NASDAQ 100 Daily Technical Analysis & Setups

NASDAQ 100 — Daily Technical Analysis — Thursday 18 June 2026



Data: Close 18 Jun 2026 | NAS100: 30,431.94 | Change: +760.99 (+2.56%) | Range: 29,690-30,470



Market Overview
A powerful risk-on session. The NAS100 closed at 30,431.94, up +760.99 (+2.56%), driven almost entirely by a violent rotation back into semiconductors. Breadth was overwhelmingly positive: 32 of the 40 tracked components closed green, average constituent move +1.92%.
Bullish drivers: chip names led the tape — KLAC +8.73%, MU +8.70%, MRVL +7.27%, TXN +6.95%, QCOM +6.17%, ADI +4.83%, AMD +4.72%, AVGO +4.70%, AMAT +4.08%, LRCX +3.97%. The June FOMC (16-17) is now behind the market with rates held, removing a near-term overhang.
Caveats: the rally was narrow in character — software and consumer-internet names lagged badly (WDAY -4.02%, ORLY -1.76%, COST -1.46%, SNPS -1.35%). Many large-caps remain structurally damaged well below their 52-week highs (INTU -67%, WDAY -53%, ADBE -50%, PYPL -47%, NFLX -42%). US markets are CLOSED Friday 19 June for Juneteenth — next session Monday 22 June.
Bias: Constructive short-term on semis momentum; selective and two-tier underneath. Treat strength as concentrated, not broad.



Trend Structure
EMA stack (close vs 20/50/200): 19 names in a full bullish stack (above all three EMAs), 14 in a full bearish stack (below all three), 3 Bear(below 20/50, above 200), 1 Bull(above 20/50, below 200), 3 Mixed.
Leaders (above all EMAs): NVDA, AVGO, AMD, QCOM, LIN, CSCO, TXN, AMAT, PANW, MU, LRCX, KLAC, ADI, CDNS, CRWD, MAR, ABNB, MRVL, FTNT — semis dominate this list.
Laggards (below all EMAs): MSFT, META, COST, NFLX, ADBE, TMUS, ISRG, INTU, REGN, SNPS, MELI, WDAY, PYPL, ORLY.
Phase: semiconductor complex in clear Stage-2 advance; software/consumer-internet cohort in Stage-4 decline. The index is being carried by the chip group.



Indicators
RSI(14): Overbought (>=70): AMAT 76.0, KLAC 70.2 — extended but with momentum. Oversold (<=30): NFLX 28.0, ADBE 27.8 — washed out, no reversal signal yet. The bulk of names sit 40-65 (neutral), leaving room for continuation in the leaders.
MACD: 18 of 40 bullish (signal-line positive). Note many semis rallied hard today while MACD is still catching up (NVDA, AVGO, AMD, TXN, QCOM show price strength ahead of a confirmed MACD cross) — early-stage momentum rather than late.
Volume: conviction was real — relative volume elevated across the leaders: MRVL 2.83x, CDNS 2.33x, FTNT 2.19x, TXN 2.09x, ADI 1.97x, QCOM 1.94x, KLAC 1.88x. High-volume up-days in trending names are constructive.



Key Index Levels — NAS100
Resistance: R1 30,470 (today's high) · R2 30,750 · R3 31,000 (round number / measured target).
Support: S1 30,000 (round number) · S2 29,670 (prior close / breakout base) · S3 29,300.
Classic pivots (from session): S2 29,810 · S1 30,120 · P 30,210 · R1 30,520 · R2 30,830. A hold above 30,000 keeps the breakout intact; loss of 29,670 negates today's move.



Component Signals — All 40
Trend (strict EMA) · RSI · MACD · % from 52w high · daily change · vs POC

Mega-cap Tech
AAPL: Mixed (<20 >50 >200) · RSI 50.9 Neut+ · MACD- · -6.1% from 52wH · +0.7% · Above POC
MSFT: Bear(all) · RSI 34.9 Bearish · MACD- · -31.7% from 52wH · +0.14% · Below POC
NVDA: Bull(all) · RSI 50.4 Neut+ · MACD- · -10.9% from 52wH · +2.96% · Above POC
AMZN: Bear(<20/50) · RSI 44 Neut- · MACD- · -12.3% from 52wH · +2.9% · Below POC
META: Bear(all) · RSI 42.8 Neut- · MACD- · -27.5% from 52wH · +1.7% · Below POC
GOOGL: Mixed (<20 >50 >200) · RSI 49.1 Neut- · MACD- · -9.9% from 52wH · +1.17% · Above POC
TSLA: Bear(<20/50) · RSI 47 Neut- · MACD- · -19.7% from 52wH · +1.04% · Above POC
AVGO: Bull(all) · RSI 51.3 Neut+ · MACD- · -16.9% from 52wH · +4.7% · Above POC

Semiconductors
AMD: Bull(all) · RSI 61.1 Bullish · MACD- · -3.9% from 52wH · +4.72% · Above POC
QCOM: Bull(all) · RSI 55.3 Neut+ · MACD- · -13.0% from 52wH · +6.17% · Above POC
TXN: Bull(all) · RSI 62 Bullish · MACD- · -2.6% from 52wH · +6.95% · Above POC
AMAT: Bull(all) · RSI 76 OB · MACD+ · -3.4% from 52wH · +4.08% · Above POC
MU: Bull(all) · RSI 66.4 Bullish · MACD+ · -1.3% from 52wH · +8.7% · Above POC
LRCX: Bull(all) · RSI 68.6 Bullish · MACD+ · -3.0% from 52wH · +3.97% · Above POC
KLAC: Bull(all) · RSI 70.2 OB · MACD+ · -2.8% from 52wH · +8.73% · Above POC
ADI: Bull(all) · RSI 58.8 Neut+ · MACD+ · -1.2% from 52wH · +4.83% · Above POC
MRVL: Bull(all) · RSI 64.6 Bullish · MACD+ · -5.9% from 52wH · +7.27% · Above POC

Software / Cloud
ADBE: Bear(all) · RSI 27.8 OS · MACD- · -50.3% from 52wH · -0.57% · Below POC
PANW: Bull(all) · RSI 66.5 Bullish · MACD- · -5.0% from 52wH · +2% · Above POC
CRWD: Bull(all) · RSI 58.2 Neut+ · MACD- · -12.8% from 52wH · +0.28% · Above POC
SNPS: Bear(all) · RSI 41.5 Neut- · MACD- · -30.1% from 52wH · -1.35% · Below POC
CDNS: Bull(all) · RSI 55.2 Neut+ · MACD- · -7.0% from 52wH · -0.58% · Above POC
FTNT: Bull(all) · RSI 63.7 Bullish · MACD- · -3.6% from 52wH · +0.41% · Above POC
WDAY: Bear(all) · RSI 35.8 Bearish · MACD- · -53.2% from 52wH · -4.02% · Below POC
INTU: Bear(all) · RSI 31.3 Bearish · MACD- · -67.2% from 52wH · -0.77% · Below POC
CSCO: Bull(all) · RSI 55.8 Neut+ · MACD- · -8.3% from 52wH · +1.88% · Above POC

Consumer / Internet
COST: Bear(all) · RSI 37.7 Bearish · MACD- · -13.2% from 52wH · -1.46% · Below POC
NFLX: Bear(all) · RSI 28 OS · MACD- · -42.3% from 52wH · +0.55% · Below POC
BKNG: Bull(>20/50) · RSI 56.2 Neut+ · MACD+ · -26.5% from 52wH · +0.09% · Above POC
MELI: Bear(all) · RSI 47.4 Neut- · MACD+ · -38.2% from 52wH · +0.2% · Below POC
MAR: Bull(all) · RSI 62.5 Bullish · MACD+ · -3.6% from 52wH · +0.4% · Above POC
ABNB: Bull(all) · RSI 63 Bullish · MACD+ · -3.3% from 52wH · +1.33% · Above POC
DASH: Bull(>20/50) · RSI 59.4 Neut+ · MACD+ · -39.2% from 52wH · +4.71% · Above POC
PYPL: Bear(all) · RSI 44.4 Neut- · MACD+ · -46.5% from 52wH · +1.02% · Below POC
ORLY: Bear(all) · RSI 39.1 Bearish · MACD+ · -20.1% from 52wH · -1.76% · Below POC
TMUS: Bear(all) · RSI 41.9 Neut- · MACD+ · -30.5% from 52wH · +0.2% · Below POC

Healthcare / Biotech
ISRG: Bear(all) · RSI 40.5 Neut- · MACD+ · -32.6% from 52wH · +1.14% · Below POC
REGN: Bear(all) · RSI 37.9 Bearish · MACD+ · -25.7% from 52wH · +0.33% · Below POC

Industrial / Other
LIN: Bull(all) · RSI 52 Neut+ · MACD+ · -2.6% from 52wH · -0.72% · Above POC
CEG: Mixed (>20 <50 <200) · RSI 51.7 Neut+ · MACD+ · -33.6% from 52wH · +2.58% · Below POC



Sector Read
Semiconductors: the clear leadership group — broad +4 to +9% moves on heavy volume, most above all EMAs and pushing 52-week highs (MU, ADI, TXN, KLAC within ~3% of highs). This is where trend and momentum align.
Mega-cap Tech: mixed — NVDA and AVGO firmly bullish; AAPL/GOOGL neutral/mixed; MSFT and META still below all EMAs and lagging the tape.
Software / Cloud: weakest cohort — WDAY, INTU, SNPS, ADBE in deep downtrends. Only PANW, CRWD, CDNS, FTNT hold bullish stacks.
Consumer / Internet: two-tier — MAR/ABNB/DASH firm; NFLX, PYPL, ORLY, COST, MELI weak and below POC.
Healthcare/Biotech (ISRG, REGN) and Industrial/Other: LIN bullish; CEG mixed; ISRG/REGN below all EMAs.



Top Swing Setups
KLAC — long (breakout continuation)
Entry: 259.56 · Stop: 237.03 (1.5xATR) · T1: 289.6 · T2: 312.13 · R:R: 1.33
Above all EMAs, RSI 70, +8.7% on 1.9x volume, price well above 60d POC 191.6 — within 3% of 52w high 267.17. Leadership semi.

MU — long (breakout continuation)
Entry: 1133.99 · Stop: 1014.26 (1.5xATR) · T1: 1293.63 · T2: 1413.36 · R:R: 1.33
Strongest structural trend in the group — close 1,134 vs POC 685, all EMAs rising, fresh 52w high territory (hi 1,149). +8.7% today.

MRVL — long (breakout continuation)
Entry: 310.58 · Stop: 267.77 (1.5xATR) · T1: 367.66 · T2: 410.47 · R:R: 1.33
Highest relative volume on the board (2.83x), +7.27%, above all EMAs, POC 215.8 far below — momentum leader, give it room with the wide ATR stop.

TXN — long (breakout continuation)
Entry: 322.86 · Stop: 302.6 (1.5xATR) · T1: 349.88 · T2: 370.14 · R:R: 1.33
Bullish stack, RSI 62, 2.1x volume, -2.6% from 52w high — cleanest risk/reward of the large-cap analog names.

ADI — long (breakout continuation)
Entry: 434.46 · Stop: 407.08 (1.5xATR) · T1: 470.96 · T2: 498.33 · R:R: 1.33
Above all EMAs, only -1.2% from its 52w high (439.7) — buying strength into a breakout; 2x volume confirms.



Intraday Setups (next session — Mon 22 Jun)
NVDA — Camarilla breakout (long)
Entry: > 212.03 (camR3) · Stop: 209.35 (camS3) · T1: 213.38 (camR4) · Target: R1 212.55 then 214.42 · Bias: Long above pivot 209.53 with e20 210.34 support.

AMD — pivot trend continuation (long)
Entry: pullback to pivot 534.23 / R-test 542.13 · Stop: 528.76 (S1) · T1: 547.60 (R2) · Above all EMAs with e20 491 far below — buy dips to pivot.

QCOM — Camarilla range / breakout (long)
Entry: > 230.15 (camR3) · Stop: 222.07 (camS3) · T1: 234.19 (camR4) · T2: R1 232.11 · Strong +6.2% close, well above POC 193.4.

AAPL — pivot bounce (neutral/long)
Entry: bounce off camS3 296.65 / pivot 298.07 · Stop: 295.29 (camS4) · T1: 300.51 (R1) · Mixed trend (below e20) — intraday only, not a swing.

KLAC — Camarilla breakout (long)
Entry: > 263.26 (camR3) · Stop: 255.86 (camS3) · Target: camR4 266.96 then 52w high 267.17 · Continuation of today's leadership move.



Key Levels Dashboard — Top 5 Movers
MRVL (close 310.58)
Cam: S4 295.44 · S3 303.01 · S1 308.06 || R1 313.1 · R3 318.15 · R4 325.72 .
Classic: S3 271.15 · S1 298.67 · P 314.27 · R1 326.19 · R3 353.71 . EMAs: 20 259.89 · 50 209.58 · 200 131.75 . POC 215.81 · PrevH 329.88 / PrevL 302.36 · 52wH 329.88 / 52wL 61.44 .

KLAC (close 259.56)
Cam: S4 252.16 · S3 255.86 · S1 258.33 || R1 260.79 · R3 263.26 · R4 266.96 .
Classic: S3 238.61 · S1 252.06 · P 258 · R1 265.51 · R3 278.96 . EMAs: 20 220.49 · 50 197.42 · 200 151.76 . POC 191.6 · PrevH 263.95 / PrevL 250.5 · 52wH 267.17 / 52wL 83.22 .

MU (close 1133.99)
Cam: S4 1102.84 · S3 1118.41 · S1 1128.8 || R1 1139.18 · R3 1149.57 · R4 1165.14 .
Classic: S3 1044.74 · S1 1101.38 · P 1125.4 · R1 1158.02 · R3 1214.66 . EMAs: 20 952.31 · 50 785.33 · 200 468.92 . POC 684.54 · PrevH 1149.43 / PrevL 1092.79 · 52wH 1149.43 / 52wL 103.38 .

TXN (close 322.86)
Cam: S4 316.24 · S3 319.55 · S1 321.76 || R1 323.96 · R3 326.17 · R4 329.48 .
Classic: S3 303.04 · S1 315.08 · P 319.34 · R1 327.12 · R3 339.16 . EMAs: 20 300.9 · 50 280.91 · 200 228.17 . POC 274.19 · PrevH 323.6 / PrevL 311.56 · 52wH 331.51 / 52wL 152.73 .

ADI (close 434.46)
Cam: S4 427.68 · S3 431.07 · S1 433.33 || R1 435.59 · R3 437.85 · R4 441.24 .
Classic: S3 415.28 · S1 427.61 · P 433.08 · R1 439.94 · R3 452.27 . EMAs: 20 414.15 · 50 396.76 · 200 327.67 . POC 393.11 · PrevH 438.56 / PrevL 426.23 · 52wH 439.7 / 52wL 218.37 .



Bearish Warnings
Structurally broken — below all EMAs in confirmed downtrends: INTU (-67% from 52w high), WDAY (-53%, -4.0% today), ADBE (-50%), PYPL (-47%), NFLX (-42%, RSI 28 oversold), MELI (-38%). Avoid bottom-fishing without a reclaim of the 20/50 EMA.
Bearish MACD + below all EMAs: MSFT, META, COST, SNPS, NFLX, ADBE, WDAY — momentum and trend both negative.
Near 52w lows / relative weakness: the software-cloud cohort continues to bleed even on a +2.5% index day — a red flag for breadth if semis stall.
Extension risk: AMAT (RSI 76) and KLAC (RSI 70) are overbought after large gaps — chase with caution; prefer pullback entries.



Events Calendar
Fri 19 Jun: US markets CLOSED — Juneteenth. No economic releases. Equities, bonds and options resume Monday 22 Jun.
Just passed: FOMC 16-17 Jun — federal funds target range held; Retail Sales (May), Housing Starts (May) and weekly Jobless Claims released this week.
Earnings watch (NAS100 names): no first-tier reports from the 40 imminent this week; the next cluster of mega-cap tech earnings is the late-July season. Monitor RNS/8-K catalysts on the chip leaders given the volatility.



Report: 18 June 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 Daily Technical Analysis - Wednesday 17 June 2026

Data: Close 17 Jun 2026 | NAS100: ~30,050 | Change: -410 (-1.34%) | Range: 30,045-30,565

Index level is derived from the session's -1.34% Nasdaq close; the component prices, pivots and Camarilla levels below are exact from the end-of-day scanner.



Market Overview
The index sold off hard into the close after the Federal Reserve's first meeting under new Chair Kevin Warsh. Rates were held at 3.50-3.75%, but a hawkish dot plot - nine of eighteen officials now pencil in at least one hike this year, six of them multiple - flipped the bias from cuts to hikes. Warsh also scrapped forward guidance ("I can't give you any guidance on what we're going to do next"). The Nasdaq closed -1.34%, S&P 500 -1.21%, Dow -0.97%. The VIX jumped about 12% and the 10Y Treasury yield rose 6.9bps to 4.497%.

Under the surface this was a rotation, not a wholesale liquidation: semiconductors were bought aggressively (AMAT +4.35%, AVGO +4.30%, MRVL +3.90%, SNPS +2.98%, MU +2.20%) while mega-cap tech, software and consumer names were dumped (META -5.44%, ADBE -5.33%, INTU -4.24%, WDAY -3.90%, MSFT -3.80%, PYPL -3.60%, AMZN -3.46%). Breadth across the 40 was negative: 11 advancers, 29 decliners. Bias: bearish at the index level, with a narrow pocket of semiconductor strength.



Trend
EMA verification was run programmatically on all 40 (close vs EMA20/50/200): zero mismatches. The stack is split. Bullish (above all three EMAs): 15 names, dominated by semis (AMAT, MU, LRCX, KLAC, ADI, MRVL, AMD, TXN) plus security/EDA software (PANW, CRWD, CDNS, FTNT) and LIN, MAR, ABNB. Bearish (below all three): 15 names, almost entirely mega-cap tech, software and consumer (MSFT, META, TSLA, COST, NFLX, ADBE, TMUS, ISRG, INTU, REGN, SNPS, MELI, WDAY, PYPL, ORLY). The remainder are Mixed or below 20/50 only (AAPL, NVDA, AMZN, GOOGL). Market structure at the index level is corrective; the semis are the only group still in a clean uptrend.



Indicators
RSI(14): index momentum rolled over with the close. Component readings show stress at the extremes - ADBE 28.1, NFLX 26.1, INTU 31.8 are oversold and sitting on 52-week lows (no bullish divergence yet, momentum still falling). AMAT at 73.4 is the lone overbought reading and printed a reversal wick off a fresh 52-week high (623.35) before closing at 592.92 - watch for exhaustion.
MACD: bearish on 24 of 40 names. Even several semis that rallied today (MU, MRVL, AMD, AVGO) still carry signal-line MACD below zero or crossing down - the up-move is price leading the oscillator, not yet confirmed.
Volume: relative volume was elevated on the down-movers (ADBE 1.40, NFLX 1.37, MSFT 1.10, META 1.09, PYPL 1.17) - distribution, not quiet drift. Semi strength (AMAT 1.24) also came on volume, so the rotation has conviction on both sides.



Key Index Levels
Classic pivots (index, approx): S2 29,700 S1 29,900 P 30,250 R1 30,500 R2 30,750.
Round-number support: 30,000 (psychological, just below the close - first line in the sand), then 29,500.
Round-number resistance: 30,500 (reclaim needed to neutralise today), then 31,000.
A daily close back below 30,000 would confirm the hawkish-Fed breakdown and open 29,500; reclaiming 30,500 would suggest the dip is being bought.



Component Signals (all 40)
Trend = strict EMA stack. Format: price (daily %) - trend - RSI zone - MACD - % from 52w high - vs 60d POC.

Mega-cap Tech
AAPL 295.95 (-1.10%) - Mixed - RSI 48.9 Neutral - MACD bear - -6.8% 52wH - above POC
MSFT 378.86 (-3.80%) - Bear (all) - RSI 34.6 Bearish - MACD bear - -31.8% 52wH - below POC
NVDA 204.63 (-1.34%) - Bear (<20/50) - RSI 45.3 Neutral - MACD bear - -13.5% 52wH - above POC
AMZN 237.5 (-3.46%) - Bear (<20/50) - RSI 36.9 Bearish - MACD bear - -14.7% 52wH - below POC
META 567.58 (-5.44%) - Bear (all) - RSI 39.3 Bearish - MACD bear - -28.7% 52wH - below POC
GOOGL 363.79 (-2.53%) - Mixed - RSI 46.1 Neutral - MACD bear - -11.0% 52wH - above POC
TSLA 396.38 (-2.05%) - Bear (all) - RSI 45.3 Neutral - MACD bear - -20.5% 52wH - above POC

Semiconductors
AVGO 392.89 (+4.30%) - Bear (<20/50) - RSI 46.1 Neutral - MACD bear - -20.6% 52wH - below POC
AMD 512.48 (+1.02%) - Bull (all) - RSI 57.7 Bullish - MACD bear - -8.2% 52wH - above POC
QCOM 212.97 (-0.51%) - Mixed - RSI 50.7 Neutral - MACD bear - -18.1% 52wH - above POC
TXN 301.88 (-1.25%) - Bull (all) - RSI 53.6 Neutral - MACD bear - -8.9% 52wH - above POC
AMAT 592.92 (+4.35%) - Bull (all) - RSI 73.4 OB - MACD bull - -4.9% 52wH - above POC
MU 1043.19 (+2.20%) - Bull (all) - RSI 61.7 Bullish - MACD bear - -6.1% 52wH - above POC
LRCX 374.18 (+1.31%) - Bull (all) - RSI 65.6 Bullish - MACD bull - -5.9% 52wH - above POC
KLAC 238.73 (+0.59%) - Bull (all) - RSI 64.1 Bullish - MACD bull - -10.6% 52wH - above POC
ADI 414.45 (-0.37%) - Bull (all) - RSI 52.2 Neutral - MACD bear - -5.7% 52wH - above POC
MRVL 289.54 (+3.90%) - Bull (all) - RSI 61.2 Bullish - MACD bear - -10.7% 52wH - above POC

Software / Cloud
ADBE 196.28 (-5.33%) - Bear (all) - RSI 28.1 OS - MACD bear - -50.9% 52wH - below POC
INTU 269.08 (-4.24%) - Bear (all) - RSI 31.8 Bearish - MACD bear - -66.9% 52wH - below POC
CRWD 682.96 (+0.51%) - Bull (all) - RSI 57.8 Bullish - MACD bear - -13.1% 52wH - above POC
PANW 282.13 (+0.80%) - Bull (all) - RSI 64.3 Bullish - MACD bear - -6.9% 52wH - above POC
SNPS 461.74 (+2.98%) - Bear (all) - RSI 43.7 Bearish - MACD bear - -29.2% 52wH - below POC
CDNS 389.66 (+0.47%) - Bull (all) - RSI 56.5 Bullish - MACD bear - -6.5% 52wH - above POC
FTNT 144.14 (-1.96%) - Bull (all) - RSI 63.2 Bullish - MACD bear - -4.0% 52wH - above POC
WDAY 121.83 (-3.90%) - Bear (all) - RSI 39.3 Bearish - MACD bear - -51.2% 52wH - below POC
CSCO 117.33 (-1.87%) - Mixed - RSI 52.7 Neutral - MACD bear - -10.0% 52wH - above POC

Consumer / Internet
COST 965.59 (-2.14%) - Bear (all) - RSI 41.5 Bearish - MACD bull - -11.9% 52wH - below POC
NFLX 76.96 (-2.24%) - Bear (all) - RSI 26.1 OS - MACD bear - -42.6% 52wH - below POC
BKNG 171.63 (-2.33%) - Bull (>20/50) - RSI 56.0 Bullish - MACD bull - -26.5% 52wH - above POC
MELI 1631.82 (-2.52%) - Bear (all) - RSI 47.0 Neutral - MACD bull - -38.3% 52wH - below POC
MAR 394.61 (-1.13%) - Bull (all) - RSI 61.5 Bullish - MACD bull - -4.0% 52wH - above POC
ABNB 140.54 (-0.47%) - Bull (all) - RSI 60.4 Bullish - MACD bull - -4.6% 52wH - above POC
DASH 165.66 (-2.57%) - Bull (>20/50) - RSI 54.4 Neutral - MACD bull - -42.0% 52wH - above POC
ORLY 88.4 (-2.51%) - Bear (all) - RSI 43.6 Bearish - MACD bull - -18.7% 52wH - below POC
PYPL 42.08 (-3.60%) - Bear (all) - RSI 41.8 Bearish - MACD bull - -47.1% 52wH - below POC

Healthcare / Biotech
ISRG 402.18 (-3.57%) - Bear (all) - RSI 37.4 Bearish - MACD bull - -33.4% 52wH - below POC
REGN 607.93 (-1.11%) - Bear (all) - RSI 36.9 Bearish - MACD bull - -26.0% 52wH - below POC

Industrial / Other
LIN 515.85 (-0.45%) - Bull (all) - RSI 55.0 Bullish - MACD bull - -1.9% 52wH - above POC
CEG 267.17 (-0.31%) - Mixed - RSI 47.8 Neutral - MACD bull - -35.3% 52wH - below POC
TMUS 181.31 (-1.65%) - Bear (all) - RSI 41.2 Bearish - MACD bull - -30.7% 52wH - below POC



Sector Grouping
Semiconductors - the only green group: 7 up / 3 down, average +1.55%, 8 of 10 in bullish EMA stacks. AI-capex names (AMAT, LRCX, KLAC, MU, MRVL, AVGO) led the tape.
Mega-cap Tech - 0 up / 7 down, average -2.82%; every name below its 200-EMA. The epicentre of the selling.
Software / Cloud - 4 up / 5 down, average -1.39%. Sharp split: security/EDA (PANW, CRWD, CDNS, FTNT) held bull stacks while application software (ADBE, INTU, WDAY) collapsed to 52-week lows.
Consumer / Internet - 0 up / 9 down, average -2.17%. Travel (MAR, ABNB, BKNG) remains technically strong despite red prints.
Healthcare / Biotech - 0 up / 2 down (ISRG, REGN), both in full bear stacks.
Industrial / Other - LIN resilient (near 52w high), CEG and TMUS weak.



Top Swing Setups

LRCX - Long (pullback buy)
Bull stack, RSI 65.6, MACD bull, held the day low (373.24) after fading from 397. Buy the dip into pivot/Camarilla support.
Entry: 366-368 · Stop: 357 · T1: 381.7 · T2: 390 · R:R: ~2.3 to T2
Confluence: cam S1/S3 366-367 + classic S2 357.29; price well above POC 285.38.

KLAC - Long (pullback buy)
Bull stack, RSI 64.1, MACD bull, semi-equipment leader. Closed near day low after a wide range - look for a hold of S1.
Entry: 234-236 · Stop: 228 · T1: 242.5 · T2: 247.4 · R:R: ~2.0 to T2
Confluence: classic S1 233.87 + pivot 242.52 overhead; price above POC 188.59.

MAR - Long (breakout/continuation)
Bull stack, RSI 61.5, MACD bull, only -4.0% from its 52-week high, above POC. One of the cleanest charts in the index.
Entry: >397.5 (pivot) · Stop: 387 · T1: 401.2 · T2: 407.8 · R:R: ~1.4 to T2
Prefer a dip toward S1 390.86 to improve the entry; 52w high 410.98 is the magnet.

META - Short (sell the rip)
Full bear stack, broke below POC 608, RSI 39.3, MACD bear, -5.44% on volume. Distribution intact below all EMAs.
Entry: 575-578 (pivot rally) · Stop: 586 · T1: 557.9 · T2: 548.2 · R:R: ~2.7 to T2
A break of the 566 day low without a bounce also triggers; next shelf S3 530.29.

AMZN - Short (EMA200 test)
Below EMA20/50, RSI 36.9, MACD bear, below POC 248.65; sitting just above the 200-EMA at 233.87 - the line that decides the trend.
Entry: <233.8 (lose EMA200) · Stop: 243 · T1: 229.9 · T2: 223.8 · R:R: ~1.0 to T2
Alternatively fade a rally to R1 243.61. Reclaiming 250 invalidates the bear case.



Intraday Setups

NVDA - Pivot bounce (long)
Neutral RSI 45.3, range-bound. Long the bounce off the S1/Camarilla S3 cluster.
Entry: 202.0-203.0 · Stop: 201.0 · T1: 205.6 (pivot) · T2: 208.2 (R1) · Dir: Long
Cam: S4 201.26 · S3 202.94 · S1 204.07 || R1 205.19 · R3 206.32 · R4 208.00 .

AAPL - Pivot bounce (long)
Neutral RSI 48.9, coiled between EMA20 (298.65) and EMA50 (290.07). Long off Camarilla support.
Entry: 293.8-295.2 · Stop: 291.5 · T1: 297.5 (pivot) · T2: 300.6 (R1) · Dir: Long
Cam: S4 291.71 · S3 293.83 · S1 295.24 || R1 296.66 · R3 298.07 · R4 300.19 .

AMD - Camarilla breakout (long)
Bull stack, RSI 57.7, above POC. Momentum long on a push through cam R1.
Entry: >515 (cam R1) · Stop: 505 · T1: 519.4 (cam R3) · T2: 527.6 (pivot R1) · Dir: Long
Cam: S4 498.62 · S3 505.55 · S1 510.17 || R1 514.79 · R3 519.41 · R4 526.34 .

META - Camarilla breakdown (short)
Bear stack, below POC. Short the loss of the lower Camarilla band.
Entry: <565 (cam S1) · Stop: 571 · T1: 560 (cam S3) · T2: 552.4 (cam S4) · Dir: Short
Cam: S4 552.39 · S3 559.98 · S1 565.05 || R1 570.11 · R3 575.18 · R4 582.77 .

MSFT - Oversold bounce (long, counter-trend)
RSI 34.6 and below all EMAs - a tactical bounce only, keep risk tight. Long the Camarilla S1/S3 cluster.
Entry: 375.3-377.7 · Stop: 371.0 · T1: 382.2 (pivot) · T2: 387.0 (R1) · Dir: Long (counter-trend)
Cam: S4 371.68 · S3 375.27 · S1 377.66 || R1 380.06 · R3 382.45 · R4 386.04 .



Key Levels Dashboard

NVDA 204.63
Cam: S4 201.26 · S3 202.94 · S1 204.07 || R1 205.19 · R3 206.32 · R4 208.00
Classic: S3 195.94 · S2 199.51 · S1 202.07 · P 205.64 · R1 208.20 · R2 211.77 · R3 214.33
EMAs: 20 210.31 · 50 206.76 · 200 187.86 · POC 203.40 · PrevH/L 209.21/203.08 · 52w 142.03/236.54

AAPL 295.95
Cam: S4 291.71 · S3 293.83 · S1 295.24 || R1 296.66 · R3 298.07 · R4 300.19
Classic: S3 285.14 · S2 289.75 · S1 292.85 · P 297.46 · R1 300.56 · R2 305.17 · R3 308.27
EMAs: 20 298.65 · 50 290.07 · 200 266.58 · POC 283.56 · PrevH/L 302.07/294.36 · 52w 195.07/317.40

MSFT 378.86
Cam: S4 371.68 · S3 375.27 · S1 377.66 || R1 380.06 · R3 382.45 · R4 386.04
Classic: S3 360.95 · S2 369.13 · S1 374.00 · P 382.18 · R1 387.05 · R2 395.23 · R3 400.10
EMAs: 20 407.78 · 50 411.09 · 200 433.59 · POC 406.84 · PrevH/L 390.37/377.32 · 52w 356.28/555.45

AMZN 237.50
Cam: S4 232.05 · S3 234.77 · S1 236.59 || R1 238.41 · R3 240.23 · R4 242.95
Classic: S3 223.79 · S2 229.89 · S1 233.70 · P 239.80 · R1 243.61 · R2 249.71 · R3 253.52
EMAs: 20 250.32 · 50 249.76 · 200 233.87 · POC 248.65 · PrevH/L 245.91/236.00 · 52w 196.00/278.56

META 567.58
Cam: S4 552.39 · S3 559.98 · S1 565.05 || R1 570.11 · R3 575.18 · R4 582.77
Classic: S3 530.29 · S2 548.24 · S1 557.91 · P 575.86 · R1 585.53 · R2 603.48 · R3 613.15
EMAs: 20 596.17 · 50 610.82 · 200 638.10 · POC 608.19 · PrevH/L 593.81/566.19 · 52w 520.26/796.25



Bearish Warnings
Full bear EMA stacks (price below 20/50/200): MSFT, META, TSLA, COST, NFLX, ADBE, TMUS, ISRG, INTU, REGN, SNPS, MELI, WDAY, PYPL, ORLY - 15 of 40, the entire mega-cap/software/consumer core.
Oversold at 52-week lows: ADBE (RSI 28.1, closed 196.28 vs 52w low 195.02), NFLX (RSI 26.1 vs 75.01), INTU (RSI 31.8 vs 268.01), TMUS (close 181.31 vs 174.02). No bullish RSI divergence yet - falling knives, not bottoms.
Bearish MACD: 24 of 40 names, including several semis (MU, MRVL, AMD, AVGO) whose price rallied ahead of the oscillator - unconfirmed.
Distribution volume: heaviest relative volume printed on down-movers (ADBE 1.40, NFLX 1.37, PYPL 1.17, MSFT 1.10, META 1.09).
Macro: VIX +12%, 10Y at 4.497% and a Fed now biased to hike - the discount-rate headwind is the dominant risk for high-multiple names.



Events Calendar
Thu 18 Jun: weekly initial jobless claims (13:30 BST); post-FOMC Fed speakers in focus now that forward guidance has been dropped - every comment is a potential mover.
Fri 19 Jun: Juneteenth - US markets CLOSED. No US session; expect thin late-week liquidity on Thursday.
Earnings: no confirmed same-week reports among the 40 mega-caps; Micron (MU) reports its fiscal quarter in late June - watch for guidance that could set the tone for the whole semiconductor complex. The bulk of NAS100 earnings land in late July.
Standing watch: the Iran ceasefire MoU is due to be signed Friday in Switzerland (oil/risk sentiment); President Trump has warned the deal is "not final".



Report: 17 June 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) Daily Technical Analysis - Tuesday 16 June 2026
Data: Close 16 Jun 2026 | NAS100 (est.): ~30,200 | Change: approx -1.2% (tech-led pullback) | Nasdaq Composite: 26,376.34 (-1.15%, -307.60) | VIX: ~16.2


Market Overview
US tech took a breather on Tuesday, with the Nasdaq Composite closing -1.15% at 26,376.34 and the tech-heavy NAS100 falling in sympathy (prior NDX close 30,563.12 on 15 Jun; today's NDX settlement print is approximated here pending the official close). The Dow bucked the move to a second straight record close (+0.64% at 51,999.67), while the S&P 500 eased -0.57% to 7,511.35 - a classic rotation out of crowded chip and growth names into cyclicals.

The session was dominated by a sharp semiconductor reversal: after Monday's rip on US-Iran peace-deal optimism, chip leaders printed heavy upper wicks and closed near session lows - MRVL -9.77%, AMD -7.30%, KLAC -7.44%, MU -6.19%, LRCX -5.03%, AVGO -4.37%. The recurring 'is the semiconductor trade getting stretched' theme is back in focus.

All eyes now turn to the FOMC decision on Wednesday 17 June at 2:00pm ET (statement + dot plot), followed by Chair Kevin Warsh's press conference at 2:30pm ET. Rates are ~97% priced to hold at 3.50-3.75%; the risk is a hawkish bias shift. VIX stayed subdued near 16.2, so this was orderly profit-taking rather than panic. Bias: near-term cautious / consolidating under event risk, but the medium-term uptrend in large-cap leaders is intact.


Trend
Breadth across the 40 NAS100 components (strict close-vs-EMA): 18 fully bullish (above 20/50/200 EMA), 2 bullish above 20/50 but below 200, 7 mixed, 4 below 20/50 but holding 200, and 9 fully bearish (below all three EMAs).

The index remains in an uptrend phase led by mega-cap tech and semis, but Tuesday's distribution candles in the chip complex mark a short-term loss of momentum. Software laggards (ADBE, INTU, WDAY, SNPS) and some healthcare (REGN, ISRG) sit in confirmed downtrends below all EMAs, dragging on breadth. Net: constructive trend, short-term stalling into the Fed.


Indicators
RSI(14): Most leaders sit in the neutral-bullish 45-65 band. AMAT is the only reading near overbought (70.3) and reversed hard off its 52w high - a bearish RSI/price divergence warning. Weakest momentum: NFLX 29.2 (oversold, heavy volume), ADBE 31.8, INTU 34.5, SNPS 37.2, REGN 39.0 - all confirming downtrends.

MACD: Histogram still positive (line above signal) on the trend leaders - AMAT, AMD, MRVL, CRWD, KLAC, LRCX, MU, FTNT, QCOM - but several mega-caps have rolled negative (MSFT, AMZN, META, AVGO, COST, INTU, REGN, SNPS, ISRG), echoing the rotation.

Volume: Conviction selling showed up in NFLX (rel vol 1.81), PYPL (1.26), MAR (1.27), AMAT (1.20), KLAC (1.19) and LRCX (1.13). Elevated volume on down days in the chip names is a caution flag.


Key Index Levels (NAS100)
With the official NDX settlement print pending, levels are framed around the 15 Jun close of 30,563 and round-number psychology:

Resistance: R1 ~30,560 (prior close / breakdown pivot) - R2 30,800 - R3 31,000 (round number).

Support: S1 ~30,000 (major round number) - S2 29,700 - S3 29,400.

A close back above 30,560 neutralises Tuesday's pullback; loss of 30,000 on a hawkish Fed opens the early-June air pocket toward the 29,400 area.


Component Signals - All 40
Format: Close (Day %) | EMA trend (strict) | RSI | MACD | distance from 52w high | vs 60d VWAP POC

AAPL 299.24 (+0.95%) | Bull (above all) | RSI 52 Bull | MACD bear | -5.7% vs 52wH | >POC
MSFT 393.83 (-1.48%) | Bear (below all) | RSI 40 Bear | MACD bear | -29.1% vs 52wH | <POC
NVDA 207.41 (-2.37%) | Mixed (<20 >50 >200) | RSI 47 Bear | MACD bear | -12.3% vs 52wH | >POC
AMZN 246.00 (-0.04%) | Bear (below 20/50) | RSI 43 Bear | MACD bear | -11.7% vs 52wH | <POC
META 600.21 (+1.13%) | Mixed (>20 <50 <200) | RSI 49 Bear | MACD bear | -24.6% vs 52wH | <POC
GOOGL 373.25 (+1.06%) | Bull (above all) | RSI 52 Bull | MACD bear | -8.7% vs 52wH | >POC
AVGO 376.74 (-4.37%) | Bear (below 20/50) | RSI 41 Bear | MACD bear | -23.9% vs 52wH | <POC
TSLA 404.66 (-1.58%) | Bear (below 20/50) | RSI 48 Bear | MACD bear | -18.9% vs 52wH | >POC
COST 986.68 (+0.74%) | Bear (below 20/50) | RSI 48 Bear | MACD bull | -10.0% vs 52wH | <POC
NFLX 78.72 (-3.62%) | Bear (below all) | RSI 29 OS | MACD bear | -41.3% vs 52wH | <POC
AMD 507.29 (-7.30%) | Bull (above all) | RSI 57 Bull | MACD bear | -9.1% vs 52wH | >POC
ADBE 207.32 (+0.47%) | Bear (below all) | RSI 32 Bear | MACD bear | -48.8% vs 52wH | <POC
QCOM 214.07 (-3.05%) | Mixed (<20 >50 >200) | RSI 51 Bull | MACD bear | -17.6% vs 52wH | >POC
TMUS 184.36 (-2.38%) | Bear (below all) | RSI 45 Bear | MACD bull | -29.5% vs 52wH | <POC
LIN 518.17 (-0.63%) | Bull (above all) | RSI 57 Bull | MACD bull | -1.5% vs 52wH | >POC
ISRG 417.07 (+0.12%) | Bear (below all) | RSI 44 Bear | MACD bull | -30.9% vs 52wH | <POC
INTU 280.99 (-0.28%) | Bear (below all) | RSI 34 Bear | MACD bear | -65.5% vs 52wH | <POC
CSCO 119.57 (-0.50%) | Bull (above all) | RSI 56 Bull | MACD bear | -8.3% vs 52wH | >POC
TXN 305.71 (-2.44%) | Bull (above all) | RSI 56 Bull | MACD bear | -7.8% vs 52wH | >POC
AMAT 568.23 (-3.00%) | Bull (above all) | RSI 70 OB | MACD bull | -5.4% vs 52wH | >POC
BKNG 175.72 (+0.62%) | Bull (above 20/50) | RSI 62 Bull | MACD bull | -24.8% vs 52wH | >POC
PANW 279.90 (-1.63%) | Bull (above all) | RSI 63 Bull | MACD bear | -7.6% vs 52wH | >POC
MU 1,020.76 (-6.19%) | Bull (above all) | RSI 60 Bull | MACD bear | -8.1% vs 52wH | >POC
LRCX 369.34 (-5.03%) | Bull (above all) | RSI 65 Bull | MACD bull | -6.0% vs 52wH | >POC
KLAC 237.33 (-7.44%) | Bull (above all) | RSI 64 Bull | MACD bull | -11.2% vs 52wH | >POC
ADI 416.00 (-2.71%) | Bull (above all) | RSI 53 Bull | MACD bear | -5.4% vs 52wH | >POC
REGN 614.73 (-0.04%) | Bear (below all) | RSI 39 Bear | MACD bull | -25.1% vs 52wH | <POC
SNPS 448.38 (-1.32%) | Bear (below all) | RSI 37 Bear | MACD bear | -31.2% vs 52wH | <POC
CDNS 387.85 (-1.69%) | Bull (above all) | RSI 56 Bull | MACD bear | -6.9% vs 52wH | >POC
MELI 1,674.08 (+1.68%) | Mixed (>20 <50 <200) | RSI 52 Bull | MACD bull | -36.7% vs 52wH | <POC
CRWD 679.49 (-1.94%) | Bull (above all) | RSI 57 Bull | MACD bear | -13.5% vs 52wH | >POC
MAR 399.10 (-0.38%) | Bull (above all) | RSI 66 Bull | MACD bull | -2.9% vs 52wH | >POC
ABNB 141.20 (+1.61%) | Bull (above all) | RSI 62 Bull | MACD bull | -4.1% vs 52wH | >POC
MRVL 278.67 (-9.77%) | Bull (above all) | RSI 59 Bull | MACD bull | -14.0% vs 52wH | >POC
DASH 170.03 (+1.15%) | Bull (above 20/50) | RSI 58 Bull | MACD bull | -40.4% vs 52wH | >POC
FTNT 147.02 (-1.65%) | Bull (above all) | RSI 68 Bull | MACD bear | -2.0% vs 52wH | >POC
CEG 268.00 (+2.15%) | Mixed (>20 <50 <200) | RSI 48 Bear | MACD bull | -35.1% vs 52wH | <POC
WDAY 126.77 (-2.18%) | Bear (below all) | RSI 43 Bear | MACD bear | -49.3% vs 52wH | <POC
PYPL 43.65 (+2.73%) | Mixed (>20 <50 <200) | RSI 50 Bear | MACD bull | -45.1% vs 52wH | <POC
ORLY 90.68 (+0.47%) | Mixed (>20 <50 <200) | RSI 52 Bull | MACD bull | -16.6% vs 52wH | <POC


Sector Grouping
(NVDA/MSFT span two groups by business mix)

Mega-cap Tech (avg -0.33%): AAPL +0.9%, MSFT -1.5%, NVDA -2.4%, AMZN -0.0%, META +1.1%, GOOGL +1.1%, TSLA -1.6%

Semiconductors (avg -4.88%): AVGO -4.4%, AMD -7.3%, QCOM -3.0%, TXN -2.4%, AMAT -3.0%, MU -6.2%, LRCX -5.0%, KLAC -7.4%, ADI -2.7%, MRVL -9.8%, NVDA -2.4%

Software / Cloud (avg -1.30%): ADBE +0.5%, INTU -0.3%, CRWD -1.9%, PANW -1.6%, SNPS -1.3%, CDNS -1.7%, FTNT -1.6%, WDAY -2.2%, MSFT -1.5%

Consumer / Internet (avg +0.19%): COST +0.7%, NFLX -3.6%, BKNG +0.6%, MELI +1.7%, MAR -0.4%, ABNB +1.6%, DASH +1.1%, ORLY +0.5%, PYPL +2.7%, TMUS -2.4%, CSCO -0.5%

Healthcare / Biotech (avg +0.04%): ISRG +0.1%, REGN -0.0%

Industrial / Other (avg +0.76%): LIN -0.6%, CEG +2.1%

Semiconductors led the downside and were the clear underperformer; consumer/internet and the lone industrial (LIN) held up best. The software complex is bifurcated - security/EDA names (PANW, FTNT, CRWD, CDNS) trend up while legacy software (ADBE, INTU, WDAY) stays deeply offside.


Top Swing Setups
ATR-based stops. Not advice - levels for your own plan.

AAPL - Long
Entry: 299.24 . Stop: 295.31 . T1: 301.82 . T2: 304.41 . R:R: ~0.7
Relative strength: closed green (+0.95%) on a red tech day, Bull above all EMAs, above POC 282.90. Stop under classic S1; targets R1/R2. ~0.5 ATR risk.


LIN - Long
Entry: 518.17 . Stop: 513.28 . T1: 523.35 . T2: 528.53 . R:R: ~1.1
Steady leader just 1.5% off its 52w high, Bull above all EMAs, RSI 57, above POC 502.79. Low-volatility uptrend (ATR 10.4). Stop under S1 513.28.


MAR - Long
Entry: 399.10 . Stop: 390.94 . T1: 403.81 . T2: 408.53 . R:R: ~0.6
Bull above all EMAs, RSI 66, rel vol 1.27 (buying conviction), only 2.9% off 52w high. Held firm (-0.38%) while semis sold off. Stop below S1/ ~1 ATR.


FTNT - Long
Entry: 147.02 . Stop: 144.61 . T1: 149.16 . T2: 151.29 . R:R: ~0.9
Security leader 2.0% off 52w high, Bull above all EMAs, RSI 67.6, well above POC 107. Pullback long; stop under S1 144.61, targets R1/R2.


NFLX - Short
Entry: 78.72 . Stop: 81.93 . T1: 76.98 . T2: 75.23 . R:R: ~0.5
Confirmed downtrend: Bear below all EMAs, RSI 29.2 (weak), rel vol 1.81 (heavy distribution), 41% off 52w high. Short rallies; stop above day high 81.93, targets S1/S2.


Intraday Setups
Classic pivots + Camarilla. Levels are from today's close; re-check on the open.

AAPL - Pivot reclaim long
Closed 299.24 above the classic pivot 297.90. Long on a hold above pivot. Entry: 298.0+ . Stop: 296.5 (below pivot/cam S2) . T1: R1 301.82 . T2: R2 304.41 .


NVDA - Camarilla range
Pinned mid-Camarilla (close 207.41, cam S1 207.03 / cam R1 207.80). Range tactics until it picks a side. Fade: short near cam R3 208.57 / long near cam S3 206.26 . Breakout: long over cam R4 209.72, short under cam S4 205.10 .


AMD - Camarilla breakdown short
Closed weak (-7.30%) below the pivot 521.16 after a huge reversal. Entry: short under cam S1 503.47 . Stop: 511.11 (cam R1) . T1: cam S3 495.82 . T2: cam S4 484.36 . Direction: short. Momentum + distribution candle.


LIN - Camarilla breakout long
Coiled just under cam R1 519.09 (close 518.17). Entry: long over 519.10 . Stop: 517.25 (cam S1) . T1: cam R3 520.94 . T2: cam R4 523.71 . Direction: long, trend-aligned.


MELI - Pivot bounce long
Close 1,674.08 just under classic pivot 1,679.56; reclaim sets up a bounce. Entry: over 1,680 . Stop: 1,660 (under S1 1,647 buffer) . T1: R1 1,706.52 . T2: R2 1,738.95 . Direction: long, intraday only (below all longer EMAs).


Key Levels Dashboard - Top 5
NVDA - close 207.41
Cam: S4 205.10 . S3 206.26 . S1 207.03 || R1 207.80 . R3 208.57 . R4 209.72
Classic: S3 201.77 . S1 205.97 . P 208.73 . R1 210.17 . R3 214.37
EMAs: 20 210.91 . 50 206.85 . 200 187.69 | POC 202.86 | Prev H/L 211.49/207.29 | 52w H/L 236.54/142.03


AAPL - close 299.24
Cam: S4 295.66 . S3 297.45 . S1 298.64 || R1 299.84 . R3 301.03 . R4 302.82
Classic: S3 288.80 . S1 295.31 . P 297.90 . R1 301.82 . R3 308.33
EMAs: 20 298.94 . 50 289.83 . 200 266.28 | POC 282.90 | Prev H/L 300.48/293.97 | 52w H/L 317.40/195.07


MSFT - close 393.83
Cam: S4 390.45 . S3 392.14 . S1 393.27 || R1 394.39 . R3 395.52 . R4 397.21
Classic: S3 384.58 . S1 390.73 . P 393.79 . R1 396.88 . R3 403.03
EMAs: 20 410.82 . 50 412.40 . 200 434.14 | POC 407.01 | Prev H/L 396.84/390.69 | 52w H/L 555.45/356.28


AMZN - close 246.00
Cam: S4 243.77 . S3 244.88 . S1 245.63 || R1 246.37 . R3 247.12 . R4 248.23
Classic: S3 240.40 . S1 244.46 . P 246.99 . R1 248.52 . R3 252.58
EMAs: 20 251.68 . 50 250.26 . 200 233.84 | POC 248.17 | Prev H/L 249.51/245.45 | 52w H/L 278.56/196.00


AMD - close 507.29
Cam: S4 484.36 . S3 495.82 . S1 503.47 || R1 511.11 . R3 518.76 . R4 530.23
Classic: S3 451.68 . S1 493.38 . P 521.16 . R1 535.08 . R3 576.78
EMAs: 20 483.59 . 50 414.78 . 200 280.56 | POC 361.30 | Prev H/L 548.95/507.25 | 52w H/L 558.37/117.78


Bearish Warnings
Below all EMAs (downtrend): MSFT, NFLX, ADBE, INTU, SNPS, REGN, ISRG, TMUS, WDAY.

Bearish MACD (line below signal) in major names: MSFT, AMZN, META, AVGO, COST, INTU, REGN, SNPS, ISRG, CEG, DASH, PYPL, ORLY.

Overbought / divergence: AMAT (RSI 70.3) reversed sharply off its 52w high - watch for follow-through selling.

Near 52w lows: NFLX (only ~5% above its 52w low, rel vol 1.81), PYPL, ORLY and INTU remain structurally weak.

Semiconductor distribution: MRVL, AMD, KLAC, MU, LRCX, AMAT all printed large upper wicks and closed near lows - momentum stall in the leadership group.


Events Calendar
Wed 17 Jun: FOMC rate decision 2:00pm ET (statement + updated SEP/dot plot); Chair Kevin Warsh press conference 2:30pm ET. Rates ~97% priced to hold at 3.50-3.75%; the market is positioned for a possible hawkish bias shift - the dominant catalyst this week.

Macro backdrop: Oil at its lowest since early March after the US-Iran de-escalation; watch energy-sensitive sentiment and any Fed read-through on inflation.

Earnings: No major NAS100 component is scheduled to report in the immediate 1-2 day window; the mega-cap and chip earnings cycle is between seasons. Monitor RNS/8-K headlines from MU, AVGO and ADBE given recent guidance sensitivity.


Report: 16 June 2026 22:55 GMT . Not financial advice. Always DYOR. Capital at risk.

NASDAQ 100 (NAS100) - Daily Technical Analysis


Data: Scanner snapshot close 11 Jun 2026 · NAS100: ~29,600 area · VIX: 17.7 (falling) · Bias: Bifurcated - semis leading, mega-cap/software lagging


Note: latest available scanner data is dated 11 Jun 2026 (Thu). Fri 12 Jun and Mon 15 Jun snapshots were not posted to the feed, so all component levels below are as of the 11 Jun close. Treat levels as a recent reference, not live intraday values.


Market Overview
The index sits in the ~29,600 region after a calmer tape - VIX eased to 17.7 (-9% on the session), pointing to receding fear into the Fed. Beneath the surface the move is anything but uniform: this is a textbook intra-index rotation. Semiconductor equipment names ripped higher - KLAC +12.9%, LRCX +12.7%, MU +11.7%, AMAT +11.2%, MRVL +11.1% - while mega-cap tech and enterprise software were left behind (MSFT -1.8%, ADBE -6.3%, WDAY -5.1%, INTU -2.6%).
Breadth across the 40 constituents: 15 in bull structure, 22 in bear structure, 3 mixed. The leadership is narrow and concentrated in chip-equipment and security software; the laggard list is broad and includes most of the mega-caps. Net read: constructive momentum in pockets, but a heavy underbelly - and a binary event (FOMC, Wed) directly ahead.


Trend Structure
EMA stack (close vs 20/50/200):
Bull, above all three EMAs (15): AMD, LIN, CSCO, TXN, AMAT, PANW, MU, LRCX, KLAC, ADI, CDNS, CRWD, MAR, MRVL, FTNT.
Bear, below all three EMAs (16): MSFT, META, NFLX, ADBE, TMUS, ISRG, INTU, BKNG, REGN, SNPS, MELI, ABNB, DASH, CEG, WDAY, PYPL.
Bear, below 20/50 but above 200 (6): NVDA, AMZN, GOOGL, AVGO, TSLA, COST.
Mixed (3): AAPL (20< 50> 200>), QCOM (20< 50> 200>), ORLY (20> 50< 200<).
Phase: the bull cohort is in confirmed uptrend with several at fresh 52-week highs (AMAT, KLAC, LRCX, MAR all <1% off their highs). The bear cohort is in established downtrend with multiple death crosses (50EMA below 200EMA) - MSFT, META, ADBE, INTU, WDAY, NFLX, SNPS, CEG.


Momentum and Volume
RSI(14): only two names overbought - AMAT (72) and KLAC (72), both at 52-week highs. No oversold readings, but a cluster bottoming near 30-37: NFLX (31), PYPL (32), INTU (33), ADBE (34), META (35), CEG (35), MSFT (37), AMZN (37).
MACD divergence warning: several leaders rose on the day yet printed a bearish (falling) MACD histogram - MU (-11.5), AMD (-10.3), CRWD (-12.1), TXN (-4.7). Price up, momentum cooling = late-stage thrust; respect stops.
Volume: heaviest relative volume in ADBE (2.34x - distribution into the lows), KLAC (1.54x), LRCX (1.48x), AMAT (1.35x), TMUS (1.30x), MSFT (1.22x). The semis' advance is volume-backed; ADBE's decline is too.


Key Index Levels (NAS100)
Component scanner does not carry index pivots; the following are psychological / round-number reference levels around the ~29,600 zone.
Resistance: R1 30,000 (round) · R2 30,500 · R3 31,000.
Support: S1 29,000 (round) · S2 28,500 · S3 28,000.
A close back above 30,000 re-opens the highs; loss of 29,000 on a Fed disappointment opens 28,500/28,000.


Component Signals (all 40)
Format: TICKER · Trend · RSI zone (val) · MACD · % from 52wH · day % · vs POC
AAPL 295.63 · Mixed (20< 50> 200>) · RSI Bear(48) · MACD Bear · -6.9% 52wH · +1.4% day · >POC
MSFT 390.34 · Bear (<all) · RSI Bear(37) · MACD Bear · -29.7% 52wH · -1.8% day · <POC
NVDA 204.87 · Bear (<20/50) · RSI Bear(45) · MACD Bear · -13.4% 52wH · +2.2% day · >POC
AMZN 241.32 · Bear (<20/50) · RSI Bear(37) · MACD Bear · -13.4% 52wH · +1.4% day · <POC
META 568.43 · Bear (<all) · RSI Bear(35) · MACD Bear · -28.6% 52wH · -0.5% day · <POC
GOOGL 357.77 · Bear (<20/50) · RSI Bear(41) · MACD Bear · -12.4% 52wH · +0.4% day · >POC
AVGO 385.31 · Bear (<20/50) · RSI Bear(42) · MACD Bear · -22.2% 52wH · +3.5% day · <POC
TSLA 399.15 · Bear (<20/50) · RSI Bear(46) · MACD Bear · -20.0% 52wH · +4.6% day · >POC
COST 975.69 · Bear (<20/50) · RSI Bear(44) · MACD Bear · -11.0% 52wH · -0.8% day · <POC
NFLX 81.27 · Bear (<all) · RSI Bear(31) · MACD Bear · -39.4% 52wH · -0.9% day · <POC
AMD 488.45 · Bull (>all) · RSI Bull(57) · MACD Bear · -10.6% 52wH · +8.0% day · >POC
ADBE 218.80 · Bear (<all) · RSI Bear(34) · MACD Bear · -47.5% 52wH · -6.2% day · <POC
QCOM 202.96 · Mixed (20< 50> 200>) · RSI Bear(48) · MACD Bear · -21.9% 52wH · +6.2% day · >POC
TMUS 185.82 · Bear (<all) · RSI Bear(47) · MACD Bull · -29.0% 52wH · +0.1% day · <POC
LIN 515.44 · Bull (>all) · RSI Bull(57) · MACD Bull · -1.4% 52wH · +1.2% day · >POC
ISRG 412.90 · Bear (<all) · RSI Bear(41) · MACD Bull · -31.6% 52wH · +0.2% day · <POC
INTU 276.91 · Bear (<all) · RSI Bear(33) · MACD Bear · -66.0% 52wH · -2.6% day · <POC
CSCO 121.83 · Bull (>all) · RSI Bull(60) · MACD Bear · -6.6% 52wH · +2.5% day · >POC
TXN 297.10 · Bull (>all) · RSI Bull(53) · MACD Bear · -10.4% 52wH · +5.3% day · >POC
AMAT 552.64 · Bull (>all) · RSI OB(72) · MACD Bull · -0.9% 52wH · +11.2% day · >POC
BKNG 163.59 · Bear (<all) · RSI Bear(48) · MACD Bull · -30.0% 52wH · +1.8% day · <POC
PANW 279.53 · Bull (>all) · RSI Bull(65) · MACD Bear · -7.7% 52wH · +6.2% day · >POC
MU 995.87 · Bull (>all) · RSI Bull(62) · MACD Bear · -8.6% 52wH · +11.7% day · >POC
LRCX 362.52 · Bull (>all) · RSI Bull(68) · MACD Bull · -0.6% 52wH · +12.7% day · >POC
KLAC 2411.64 · Bull (>all) · RSI OB(72) · MACD Bull · -0.8% 52wH · +12.9% day · >POC
ADI 412.13 · Bull (>all) · RSI Bull(52) · MACD Bear · -6.3% 52wH · +5.0% day · >POC
REGN 611.48 · Bear (<all) · RSI Bear(38) · MACD Bull · -25.5% 52wH · +1.6% day · <POC
SNPS 456.29 · Bear (<all) · RSI Bear(40) · MACD Bear · -30.0% 52wH · -0.9% day · <POC
CDNS 383.74 · Bull (>all) · RSI Bull(55) · MACD Bear · -7.9% 52wH · -0.4% day · >POC
MELI 1610.00 · Bear (<all) · RSI Bear(43) · MACD Bear · -39.1% 52wH · +1.4% day · <POC
CRWD 691.53 · Bull (>all) · RSI Bull(60) · MACD Bear · -12.0% 52wH · +6.8% day · >POC
MAR 396.89 · Bull (>all) · RSI Bull(67) · MACD Bull · -0.5% 52wH · +2.8% day · >POC
ABNB 130.87 · Bear (<all) · RSI Bear(43) · MACD Bear · -11.1% 52wH · +1.4% day · <POC
MRVL 280.71 · Bull (>all) · RSI Bull(63) · MACD Bull · -13.4% 52wH · +11.1% day · >POC
DASH 154.59 · Bear (<all) · RSI Bear(46) · MACD Bear · -45.9% 52wH · +2.4% day · <POC
FTNT 145.06 · Bull (>all) · RSI Bull(69) · MACD Bear · -3.3% 52wH · +4.5% day · >POC
CEG 246.71 · Bear (<all) · RSI Bear(35) · MACD Bear · -40.2% 52wH · +1.8% day · <POC
WDAY 130.53 · Bear (<all) · RSI Bear(46) · MACD Bear · -49.1% 52wH · -5.0% day · >POC
PYPL 41.24 · Bear (<all) · RSI Bear(32) · MACD Bear · -48.1% 52wH · +1.3% day · <POC
ORLY 90.10 · Mixed (20> 50< 200<) · RSI Bear(50) · MACD Bull · -17.1% 52wH · -0.4% day · <POC


Sector Grouping
Mega-cap Tech (weak): AAPL mixed, MSFT/META below all EMAs, NVDA/AMZN/GOOGL/AVGO/TSLA below 20/50. The generals are offside their short-term trend - the single biggest drag on the index.
Semiconductors (leadership, bifurcated): equipment and memory leading hard - AMAT, KLAC, LRCX, MU, MRVL, ADI, TXN, AMD all bull >all EMAs. But NVDA, AVGO, QCOM lag below 20/50. The chip strength is concentrated in equipment/memory, not the AI mega-caps.
Software/Cloud (split): security bullish - PANW, CRWD, FTNT, CDNS, CSCO all bull >all EMAs; design/ERP broken - ADBE, INTU, WDAY, SNPS below all EMAs and near lows.
Consumer/Internet (broadly weak): AMZN, TSLA, NFLX, BKNG, MELI, ABNB, DASH, COST, PYPL all bearish. Lone bull: MAR, breaking to new highs.
Healthcare/Biotech (weak): ISRG and REGN both below all EMAs.
Industrial/Other (mixed): LIN bull >all EMAs (defensive leadership); CEG and TMUS bearish.


Top Swing Setups
MRVL - long, semis momentum with runway
Bull above all EMAs, RSI 63, positive MACD histogram, +11.1% thrust day, still 13% below its 52w high (room to run). Buy a pullback into the pivot zone.
Entry: 274 (pivot 273.82 / cam S1 278.52 zone) · Stop: 254 (below S2 249.93) · T1: 297.71 (R2) · T2: 313.10 (R3) · R:R: ~1.2 to T1, ~1.9 to T2 · ATR 26.6.
LRCX - long, pivot/Camarilla confluence
Bull above all EMAs, RSI 68, MACD histogram positive, <1% from 52w high. Pivot 354.51 and cam S3 354.65 stack into one support shelf.
Entry: 355 (pivot + cam S3 confluence) · Stop: 344 (below S1 344.21) · T1: 365.14 (cam R1) · T2: 372.82 (R1) · R:R: ~1.0 to T1, ~1.7 to T2 · ATR 21.1.
MAR - long, breakout at new highs
Only bull in consumer/internet, bull above all EMAs, RSI 67, positive MACD histogram, pressing the 52w high (398.96) on a tight ATR - clean trend.
Entry: 399.5 (break of 52w high) · Stop: 388 (below S1 389.60) · T1: 411.94 (R3) · T2: 420.8 · R:R: ~1.1 to T1, ~1.8 to T2 · ATR 9.1.
CSCO - long, mega-cap re-accumulation
Bull above all EMAs, RSI 60, 6.6% below 52w high with the best reward/risk on the board. Buy a dip to the 20EMA shelf.
Entry: 119 (EMA20 117.64 zone) · Stop: 114.5 (below prev low 116.50) · T1: 126.34 (R2) · T2: 130.37 (52w high) · R:R: ~1.6 to T1, ~2.5 to T2 · ATR 4.6.


Intraday Setups
AMAT - long, pivot bounce
Pivot 543.39 and cam S3 542.27 form a confluence floor under price. Long the bounce; note RSI 72 (extended) so take T1 readily.
Entry: 543.5 · Stop: 531 (below cam S4 531.89) · T1: 556.10 (cam R1) · T2: 566.87 (R1) · R:R: ~1.0 / ~1.9.
KLAC - long, Camarilla range
Range between cam S3 2349.76 and cam R3 2473.52. Buy the lower rail.
Entry: 2355 (cam S3) · Stop: 2285 (below cam S4 2287.88) · T1: 2432.27 (cam R1) · T2: 2473.52 (cam R3) · R:R: ~1.1 / ~1.7.
MSFT - short, fade into resistance
Below all EMAs, RSI 37, MACD histogram -5.1 on 1.22x volume. Fade rallies into the cam R-band / 390 pivot.
Entry: 393 (cam R3 393.87) · Stop: 398 (above R1 396.79 / cam R4) · T1: 383.94 (S1) · T2: 377.55 (S2) · R:R: ~1.8 / ~3.1.
ADBE - short, breakdown
At its 52w low (218.09) on 2.34x volume - active distribution. Short bounces; break of the low extends the slide.
Entry: 220 (cam R1 220.12) · Stop: 227 (above R1 228.17) · T1: 213.76 (S1) · T2: 208.72 (S2) · R:R: ~1.0 / ~1.7.


Key Levels Dashboard (top movers)

KLAC (close 2411.64)
Cam: S4 2287.88 · S3 2349.76 · S1 2391.01 || R1 2432.27 · R3 2473.52 · R4 2535.40
Pivots: S3 2043.17 · S1 2268.18 · P 2349.74 · R1 2493.19 · R3 2718.20
EMA20 2018.25 · EMA50 1859.35 · EMA200 1467.62 · POC 1797.51
Prev H/L 2431.29 / 2206.28 · 52w H/L 2431.29 / 832.24

AMAT (close 552.64)
Cam: S4 531.89 · S3 542.27 · S1 549.18 || R1 556.10 · R3 563.01 · R4 573.39
Pivots: S3 491.43 · S1 529.15 · P 543.39 · R1 566.87 · R3 604.59
EMA20 469.95 · EMA50 430.56 · EMA200 330.87 · POC 417.58
Prev H/L 557.62 / 519.90 · 52w H/L 557.62 / 154.47

LRCX (close 362.52)
Cam: S4 346.78 · S3 354.65 · S1 359.90 || R1 365.14 · R3 370.39 · R4 378.26
Pivots: S3 315.60 · S1 344.21 · P 354.51 · R1 372.82 · R3 401.43
EMA20 316.38 · EMA50 288.76 · EMA200 215.79 · POC 272.44
Prev H/L 364.81 / 336.20 · 52w H/L 364.81 / 87.75

MU (close 995.87)
Cam: S4 940.17 · S3 968.02 · S1 986.59 || R1 1005.15 · R3 1023.72 · R4 1051.57
Pivots: S3 827.39 · S1 928.66 · P 962.71 · R1 1029.93 · R3 1131.20
EMA20 883.18 · EMA50 725.49 · EMA200 438.92 · POC 630.64
Prev H/L 996.77 / 895.50 · 52w H/L 1089.29 / 103.38

MRVL (close 280.71)
Cam: S4 267.57 · S3 274.14 · S1 278.52 || R1 282.90 · R3 287.28 · R4 293.85
Pivots: S3 241.43 · S1 265.32 · P 273.82 · R1 289.21 · R3 313.10
EMA20 237.52 · EMA50 190.93 · EMA200 123.45 · POC 194.38
Prev H/L 282.32 / 258.43 · 52w H/L 324.20 / 61.44


Bearish Warnings
Death crosses (50EMA < 200EMA) and below all EMAs: MSFT, META, ADBE, INTU, WDAY, NFLX, SNPS, CEG, ISRG, REGN, DASH, BKNG, MELI, PYPL.
At / near 52-week lows: ADBE (218.80 vs 218.09 low - at the low), INTU (276.91 vs 273.27), PYPL (41.24 vs 38.46), NFLX (81.27 vs 75.01), CEG (246.71 vs 240.51).
Up-day-but-bearish-momentum (MACD rolling over): MU, AMD, CRWD, TXN closed green but with falling MACD histograms - rallies to fade if the tape turns.
Worst from highs: INTU -66%, WDAY -49%, PYPL -48%, ADBE -47%, DASH -46%, CEG -40%, MELI -39%, NFLX -39%. The damage is concentrated in software/ERP and consumer-internet.


Events Calendar
FOMC - 16-17 Jun, decision Wed 17 Jun, 2:00pm ET (7:00pm UK). Kevin Warsh's first meeting as Chair; market widely expects a hold at 3.50-3.75%. This is the dominant catalyst of the week - expect compressed ranges into Wednesday, then a volatility expansion. Position size accordingly.
Macro: May CPI already printed (10 Jun). No tier-1 US data ahead of the Fed; the decision and press conference are the event.
Earnings: mid-June sits between the major NAS100 reporting cycles - the next heavy wave is Q2 season from mid/late July. Constituent earnings risk this week is light; the index is Fed-driven.


Report: 15 Jun 2026 22:00 GMT (data as of 11 Jun 2026 close) · Not financial advice. Always DYOR. Capital at risk.

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.