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Brian Shannon, founder and full-time trader at AlphaTrends, provides analysis of the stock market and crypto for the week ending July 17, 2026.
The commentary includes insights on equities such as SPY, QQQ, SMH, XBI, MU, AMD, INTC, MAGS, and the Bitcoin market.
In previous commentary, Shannon identified a key supply zone for SPCX between 175 and 179.50, citing possible resistance in that range (link). He also stated that SMH would need to undercut its June 9 low and approach the year-to-date VWAP to enable a stronger bounce (link). Both insights reflect Shannon's recent focus on technical levels in equity and ETF trading.