Market Analysis for Jun 24th, 2021


Here's one sector that will likely start to lead again as NQ rotates towards our 15k target

Do homework on SMH. Now, $253...multi-week super bullish pattern. 

Getting tight...waiting for ignition to kickstart. Next target = $278-285 around autumn-year end, when above support

Know your timeframes, I'm sharing a weekly chart below. 👇 

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.