Mag 7 Short Term Support

٨ يوليو ٢٠٢٤

The mag 7 and semiconductors are essentially the entire market at this point, especially for QQQ. It's an important watch, if the mag 7 starts to weaken that could be a sign of a trend change. We have support close below, this will be my key level moving forward. I think it could be a good long opportunity, but if it breaks to the downside it could make for a great short as well.