9/9 US stock market review: Technology stocks continue to differentiate, NVDA begins to 'sacrifice itself' again The overall market is still volatile today. The medium-term bullish structure of SPY has not been disrupted and is currently not far from historical highs. The overall shape looks a bit like a small bull flag, with a retracement of the gap and daily EMA 20. In the short term, let's first look around 765.9, and the more important support is 756-760. As long as this range does not effectively fall below, it is still a normal callback. If 756 also falls, then the weekly level adjustment may further amplify. QQQ is stronger than SPY, and currently it is still fluctuating above the daily EMA 20,. Looking at 724.1 above, if we can break through later and establish a double bottom structure, it will drive growth stocks and semiconductors to continue rising. The following 700 is a very important watershed in the short term, and once it falls below, the overall strength of technology stocks will weaken. individual stock NVDA In the short term, there is a slight local peak, and after the meteor line, it falls below the previous low and around 227. Let's first look at the support around the daily EMA 20 and 214. The medium-term structure is not yet bad, so I won't directly chase short positions, but it's not comfortable to chase long positions now. It's better to wait for the pullback to stabilize. Moreover, NVDA has recently felt a bit like sacrificing itself to achieve other semiconductors, mainly due to its large market value and high difficulty in attracting market demand. Funds are more willing to invest in more flexible second tier semiconductors. IREN After the previous financial report, it has rebounded by more than 20% after the decline, and now it has basically hit the previous high structure. Here, it is recommended to take profits in batches, with a maximum of 54 in the short term. If you step back on the daily EMA 20 and stabilize, you can look for a second chance. The current position is not suitable for further pursuit. MU After rebounding from EMA 20, it has hit resistance around 1035, accompanied by a dark cloud cover. In the short term, there is a slight upward trend, a downward trend, and a peak signal. It's not a big deal to hold onto EMA 20 in the future. If you forcefully withdraw resistance, then continue to see. I still rebounded to a maximum of 1125.