9/24 Daily Plan: Consumer Confidence Data Weighs at Resistance Levels

U.S. Market Strategy:

As mentioned in Monday’s DCF update, if the Nasdaq-100 (NQ/QQQ ETF) is to find further pockets of upside, it is likely to come from Semiconductors given that our DCF model opinion is that Big Tech (FAANG) is relatively priced in ahead of earnings season beginning in ~30 days. Micron earnings tonight are incredibly important to furth…