After last week's momentum unwind, $MU, $SNDK, and $SMH are all set to open back above the 5W ema this morning. KOSPI led the overnight bounce, and how it handles resistance at open is the tell for whether this carries through cash session. Some rotation into software is healthy and normal. We want to see the semis keep leading.
Aggregated and distilled by Two Sentence Traders. Not financial advice.