Another earnings miss? AMD plunges over 17% post-results!
1、 $VanEck Semiconductor ETF (SMH.US)$At the start of the new year, it broke through an ascending triangle pattern and continues to trade within a long-term upward channel. Price and volume are in a bullish cycle, and long positions can be maintained.

2、 $First Trust Dow Jones Internet Index Fund (FDN.US)$At the end of November last year, panic selling occurred at the 254-axis support level. In late January, a second test was successful, with a surge in volume leading to a rebound to short-term resistance. Currently, there is another pullback with reduced volume, presenting a short-term buying opportunity.

3、 $Global X Artificial Intelligence & Technology ETF (AIQ.US)$ An ascending triangle has formed since last October, with recent heavy volume bearish candles appearing near the resistance at 53, but without significant progress from the bears. The stock price has once again met resistance, retreated on reduced volume, and stabilized along the uptrend line, moving into the corner position, offering a favorable risk-reward ratio for going long.

4. Real estate $Real Estate Select Sector Spdr Fund (The) (XLRE.US)$ The price is oscillating within a large sideways range. A recent test of the 42.5 resistance failed, leading to a buying climax in volume. With supply increasing, the market might continue to oscillate within this range.

5、 $Financial Select Sector SPDR Fund (XLF.US)$ In December last year, there was a brief breakout from the consolidation zone, but it quickly reversed into a heavy-volume selloff, eventually falling back into the range, forming a false breakout. In recent days, there has been a rebound, with another attempt to break through the resistance at the 54-axis accompanied by relatively high trading volume. If it fails to break through, the stock price may retreat to the volume control point (orange line).

6、 $The Technology Select Sector SPDR® Fund (XLK.US)$ Moving towards the triangular corner position, overall trading volume has decreased, while the bottom has risen, suggesting the possibility of an accumulation zone. Over the past few weeks, the stock experienced extremely narrow fluctuations and began outperforming the S&P 500. On the last trading day, it dropped heavily towards the uptrend line and the volume control point (orange line) but did not break below. A low-volume bullish candle appeared, offering a good risk-reward ratio for going long.

7、 $The Communication Services Select Sector SPDR® Fund (XLC.US)$ After months of sideways movement, the stock has consistently outperformed the S&P 500 since December last year. Recently, it broke through the resistance at 118 on high volume. Watch for a possible pullback to stabilize on reduced volume, presenting opportunities to go long on dips.

8、 $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ After breaking upward in December last year, instead of a sharp rise, a new converging range pattern formed. In the past few trading sessions, it dropped heavily toward the new uptrend line, the 50-day moving average, and the lower end of the value area but did not break below. A low-volume bullish candle emerged, indicating that selling pressure may have been absorbed, presenting a long opportunity.

9、 $Industrial Select Sector SPDR Fund (XLI.US)$ Since the beginning of the year, it broke out of the consolidation zone on increased volume and moved into an uptrend. The pullbacks have been shallow, showing strong volume-price momentum. Last week, after a low-volume pullback, a buy signal appeared, and the uptrend resumed. Bulls can continue to hold.

10、 $Materials Select Sector SPDR ETF (XLB.US)$ After more than half a year of sideways movement, it broke through the resistance around 46 with high volume and quickly surged toward 50. Subsequently, there was heavy volume stagnation followed by a pullback, which might lead to a short-term sideways consolidation.

11、 $Energy Select Sector SPDR Fund (XLE.US)$ Last month, at the corner position, it broke upward out of the consolidation range on heavy volume. After a sustained rally, buying climaxes were observed near 51. Going forward, watch the volume and price action during pullbacks to assess whether this represents a temporary increase in supply.

12、 $Consumer Staples Select Sector SPDR Fund (XLP.US)$ The stock has been range-bound for about a year and a half. Recently, it broke through the resistance level at 82 with increased volume, then pulled back with lower volume to test the breakout. However, it did not fall back into the previous range and resumed its upward movement with higher volume. This confirms an effective breakout, opening up further upside potential.

13、 $The Health Care Select Sector SPDR® Fund (XLV.US)$ Since December of last year, the stock has been trapped in a sideways consolidation pattern. Recently, it repeatedly attempted to break through the resistance around 157.5 but failed despite increased trading volumes. Volume has started to dry up, and the price is retreating to test the volume control point (orange line). For now, it is advisable to stay on the sidelines.

14、 $Utilities Select Sector SPDR Fund (XLU.US)$ The stock stabilized with higher volume near the annual moving average and began to consolidate. The volume distribution has formed a b-type pattern, reflecting growing divergence between bulls and bears. Recently, it attempted but failed to break through the resistance at 43.5, and retreated with higher volume to the volume control point (orange line). It is recommended to stay on the sidelines for now.

$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $NASDAQ 100 Index (.NDX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Dow Jones Industrial Average (.DJI.US)$ $State Street® SPDR® Dow Jones Industrial Average® ETF Trust (DIA.US)$ $Russell 2000 Index (.RUT.US)$ $iShares Russell 2000 ETF (IWM.US)$ $USD (USDindex.FX)$ $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ $XAU/USD (XAUUSD.CFD)$
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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