NVDA Earnings could prove to be the inflection point for Semiconductor stocks, given price & time-based resistance

Following a more than 17% rally in seven weeks, near-term US Equity technical trends have continued to defy gravity, given no $SPX trend break, but the cross-currents I have been cataloging continue to build as $SPX has officially finished above 7,500 as of Thursday's close. $NVDA earnings on Wednesday represent a possible catalyst that aligns with the mid-May cyclical inflection window I have been flagging, and the...

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