Morning Briefs

$SPY gap down break yesterday and weak attempt at bounce, but opening inside range. Futures had a backtest of the break. $QQQ price digesting overnight at lows but also inside open. QQQ 687 is a major level breakdown but just whether it happens today or next week. Could be trigge

$SPY $IWM are set up for some big daily level breaks today, but trended down premarket into the level. Ideally want to see morning consolidation first hour to set up for the actual break $QQQ is more mid range but everything likely moves similar today. So see how much we bounce i

$QQQ gapping down, Korea bounce retraced yesterday. Remains in downtrend, all the memory stocks basically moved an entires day worth of range overnight back into mid range, which makes todays open more difficult $EWY $DRAM $MU $SNDK $SMCI had some news, but in a weak tape, could

$EWY Korea bounced overnight, over recent 3 day range, if it holds.. join long trend. Gap could also sell so don't have to force $DRAM $MU $SNDK breaking prior bar highs but gapping up, want to see how gap holds, then potentially join trend to longside. Needs to hold above prior

$QQQ higher low in futures and some sideways overnight is leading to a continuation of the bounce from Friday. See how the gap settles in the morning to determine trend Usual basket of memory stocks to watch $MU $SNDK $DRAM $SKHY Neoclouds/datacenters some news this morning and