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Brian Shannon, founder and full-time trader at AlphaTrends, shares a technical analysis of the stock market and Bitcoin for July 24, 2026.
The review covers major indexes and sectors including SPY, QQQ, SMH, XBI, XLF, XLE, as well as individual stocks such as INTC, MU, SNDK, CBRS, CRWV, and TSLA. Bitcoin and other tickers are also featured.
Earlier this month, Brian Shannon highlighted a key supply zone for SPCX between 175 and 179.50, warning of potential resistance at those levels in his analysis of the fund. Shannon also noted that SMH would need to undercut its June 9 low and approach the year-to-date VWAP for a stronger bounce, according to his recent commentary. These insights follow his continued focus on technical patterns in major equities and ETFs.