These signals indicate that the US stock market will still break new highs: 1. S&P SPY The trend line has fallen and bounced back, and the weekly line is also good. The cost-effectiveness of hard short positions at this position is not high, so it is effective to break through first. 2. Nasdaq QQ This week, we will first charge 748, and there is a high probability that we can penetrate it. Looking up at 755, if Micron explodes, we can talk about 760. The daily gap is supported by a pile of liquidity above the new high, indicating a bullish trend. 3. The Big Seven ETF MAGS The double peaked structure near 71 has been falsified. Breaking through the range, pushing up the gap, and closing near the weekly high, this is not the kind of fake breakthrough consolidation in summer. If the seven giants continue to be strong, the overall market usually does not weaken. If you want to smash, you need a bigger catalyst. 4. Semiconductor ETF SMH This picture is the most pleasing to the eye. Breaking through the trend line, sweeping through the low point and then pulling again, the moving average has fully recovered, and the monthly line is moving inside and outside the large gap. Placed above 600 near Zhou Gao, it looks like it's running towards the front high. Semiconductor bears are often raised to the point of doubting life, and this week they will continue to look. 5. Memory ETF DRAM How to go this week depends largely on Micron's financial report. The picture is a bit messy, even resembling a big bear flag, but still biased towards the majority. Let's first focus on holding at 62 and target the high point near 66 in early July. 6. Bitcoin BTC It is best to close the weekly chart at 82100 yuan before the structure can be considered solid. The ideal is to give a foot out of the gap and get 87000 to 88000. The moving average is still catching up, so don't panic for a few days. The overall trend is bullish, but it's only half a beat slower than the Nasdaq. Don't go short against the trend!