๐Ÿ“Š Market Structure & Technical Outlook

  • $SPX faces a critical threshold; failure to close above 6,632.19 confirms a 4th consecutive red week, a rarity unseen since May 2022. 2034728924186648936
  • $QQQ and $SPY have yet to hit a sub-30 oversold Daily RSI, a level typically touched 1-2 times annually; current levels suggest the market is overdue for a deeper washout. 2034736695711826404
  • The $VIX is testing a potential 3rd consecutive green month closing above 19.86 by March 31st, nearing historical volatility peaks not seen since the 2020 Covid crash. 2034734485108064501

๐Ÿ”‹ Semiconductor & Tech Supply Chain

  • Micron is pivoting toward aggressive EUV adoption to optimize fab space and boost output, a strategic shift that serves as a tailwind for ASML. 2034726127030476973
  • TSMC has confirmed it will bypass high-NA EUV for its A16 and A14 nodes, signaling a major hardware roadmap divergence. 2034748167296803266

๐Ÿ›ข๏ธ Commodities & Global Energy

  • Saudi Arabia has ramped up crude exports via the Yanbu port to 4.19 million barrels per day, a +185% surge in response to the Strait of Hormuz closure. 2034733901344907536
  • The silver selloff over the past 15 days ranks among the most extreme historical moves; current conditions reflect typical major market inflection points. 2034730535537266703
  • Qatar’s LNG export capacity is impaired by ~17% (12.8mtpa) due to recent attacks, with repairs projected at 3-5 years, potentially triggering long-term force majeure for major importers like China and South Korea. 2034763542839402629

๐Ÿข Corporate Performance

  • $FDX shares are approaching all-time highs (ATHs) post-earnings, challenging the broader recession narrative through robust guidance. 2034766233497923627