NVDA earnings today …
Very interesting inflection … watch the New Taiwan Dollar as it looks to be inflecting. Historically, when the chart tops, the SOX takes off and goes higher.
We have a major target hit on the SOX and, what appears to be a valid 5 wave count.
Note the .786 and .618 price projection around 99-100 for support and if we blow thru that then the projection/1.27 around 79-81.
Here’s some targets for NVDA and the New Taiwan Dollar …
Last post on Semi’s: https://bartscharts.com/2024/07/14/semiconductor-index-july-14-2024/
