$Arm(ARM.US)✅ Pre-market analysis is complete. Today's focus: Semiconductor pullback not over yet + MU earnings report after market close tonight. Key technical levels for WDC/UVXY/PLTR to watch.

📋 2026-06-24 Pre-market Analysis Summary

Time: 2026-06-24 21:00 CST (UTC 13:00) | Market Sentiment: Fear (27.5)

Key Events

• 🔴 Semiconductor sector plunges for the second consecutive day: SMH -7%, SOX -8%, MU -13%, dragging down Nasdaq -2.21%

• 🟢 Geopolitical risks cool down: Progress in US-Iran talks, oil price falls below 76 (WTI73)

• 🟡 Fed hawkish: New Chairman Warsh's debut with tough talk "will deliver price stability", September rate hike probability soars to 70%

• ⚠️ Biggest event tonight: MU earnings report after market close (expected ±14%), will directly impact the memory sector's direction

Position Technical Levels

Symbol Last Price Support Resistance Technical Signal

WDC $732.62 $720-726 $770-780 RSI 70.62 Overbought

LABU $230.01 $218-221 $235-240 MACD Golden Cross

UVXY $25.86 $24.70-25.00 $26.50-27.00 MACD Death Cross + Oversold Edge

Tomorrow's Key

📅 6/25 8:30 Fed PCE inflation data (expected 4.1%, previous 3.8%) — May further strengthen rate hike expectations, affecting all risk assets

⚠️ Dual macro risks from MU earnings + PCE data, control overnight positions, don't enter when uncertain.

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