Thematic ETFsSMH
SMH Elliott Wave Analysis
SMH tracks the semiconductor sector, the backbone of AI, cloud computing, and digital infrastructure.
elliott wave characteristics
SMH impulse waves during AI/chip cycles produce some of the strongest moves in the market. Wave 3 extensions regularly exceed 200%.
key levels
Key levels driven by NVDA earnings, chip demand data, and AI capex trends.
trading tip
SMH is the primary indicator for tech cycle health. A bullish SMH wave structure supports QQQ and XLK.
what our SMH analysis includes
H4 Wave Count
4-hour timeframe for precise entry timing
Daily Wave Count
Primary trading timeframe structure
Weekly Wave Count
Macro context and trend direction
Fibonacci Targets
Precise price targets from wave structure
Invalidation Levels
Exact price where the count is wrong
Alternative Scenario
What happens if the primary count fails
Get Daily SMH Analysis
Updated before London open, every trading day. H4, Daily, and Weekly wave counts with precise Fibonacci targets.