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$BOTZ: Watching the 35.86-35.88 area closely
The $BOTZ ETF is interesting right now. We've seen it push into the 35.86-35.88 range today, effectively testing the low end of yesterday's action. If it can hold this level and build some support, we might see a bounce towards 36.31, potentially even higher. However, a sustained break below 35.86, especially on increasing volume, would invalidate that scenario for me. That would suggest further downside pressure, possibly targeting the prior swing lows. It's a key inflection point to monitor.
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