NVDA · AMD · SMCI · AVGO — Sector Setup Nov 12–15SPDR S&P 500 ETF TrustBATS:SPYBullBearInsightsAI & Semiconductor Power Shift: NVDA, AMD, SMCI, AVGO Align with SPY’s Gamma Structure ⚡ Market Preview (SPY + Sector Overview) The market continues to show underlying strength, led by technology and semiconductor names that mirror SPY’s bullish structure. On the SPY 1D chart, the uptrend remains intact — every pullback has formed a higher low, and buyers are consistently defending the rising trendline around 678–680. This price action reflects steady institutional demand as traders position for a potential year-end continuation. From the 1-hour GEX map, the main positive gamma magnet sits around 683–685, where dealer hedging is most supportive. Below that, 681 serves as a critical intraday support zone, and dips into 679–681 are often met with call-side absorption. As long as SPY holds above 681, the bias stays bullish toward 687–690. 📊 Sector Snapshot: AI and Semiconductor stocks (NVDA, AMD, SMCI, AVGO) continue to shadow SPY’s gamma-driven direction. As long as SPY’s gamma stays positive, liquidity remains stable, allowing tech leaders to extend their recovery from recent pullbacks. This group is showing signs of synchronized momentum — a bullish sign for continuation plays. Trade Suggestion: * Intraday: Watch for SPY to hold 681 — CALL scalp target 685–687. * Swing: Above 681 daily close → potential rally toward 690–695. * Option Setup: 0–2 DTE CALL 680 / 682 if volume supports; hedge below 679 with PUT spread. NVIDIA (NVDA) Daily Structure: NVDA remains the sector’s momentum leader, stabilizing near 190–193 after defending the channel bottom. The structure still shows bullish intent with clean BOS levels holding. 1H Chart: Multiple CHoCH signals and an upward MACD cross hint at a near-term reversal forming. Trade Suggestion: * Bullish Entry: > 195–196 reclaim → target 200–211 zone. * Bearish Setup: < 190 → quick PUT scalp to 178.9 support. * Option Setup: CALL 200 / 205 if SPY trends above 683; PUT spread 190 if below. 📈 Bias: NVDA leads any gamma-fueled breakout — strong volume = strong follow-through. Advanced Micro Devices (AMD) Daily: Still trending inside a healthy ascending channel. Currently building a base around 234–238. 1H: CHoCH up confirms a potential higher low; RSI turning up supports near-term strength. Trade Suggestion: * Scalp: CALLs above 238 → target 245–248. * Swing: Break & close > 250 → aim for 260 next. * Bearish Case: Rejects < 234 → PUT scalp to 224. * Option Setup: CALL 245 / 250 if SPY strong; PUT spread 230 as hedge. 📈 Bias: High beta to NVDA — strong correlation, good for parallel setups. Super Micro Computer (SMCI) Daily: Highly volatile, but signs of bottoming near 38–40. Repeated liquidity sweeps below 39 show sell-side exhaustion. 1H: Fresh CHoCH up → early buyers stepping in. Trade Suggestion: * Bullish: CALL > 41.8 → target 45–47. * Bearish: Fail < 39 → PUT scalp to 36. * Option Setup: CALL 42 / 45 spreads for bounce plays; stop under 39. 📈 Bias: Volatility-driven; ideal for intraday traders catching quick gamma bursts. Broadcom (AVGO) Daily: Remains the institutional backbone of the chip sector. Trendline support at 351–360 continues to attract buyers. 1H: Tight range 358–362, suggesting accumulation. Trade Suggestion: * Bullish: Break > 362 → run to 374–391. * Bearish: Lose 351 → drop to 337. * Option Setup: CALL 370 / 380 for swing; PUT spread 340 hedge if SPY loses 681. 📈 Bias: Low volatility, high consistency — great for controlled swing setups. My Thought The AI & Semiconductor group remains structurally bullish as SPY holds its gamma foundation above 681. NVDA and AMD continue to lead momentum, while AVGO provides a steady anchor and SMCI adds volatility for short-term traders. If SPY maintains its gamma magnet and sector correlation remains tight, this setup supports a sustained rally into the year-end. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk accordingly.