The 05/28/26 blog “Massive Rally of Micron Technology Inc.” illustrated that Micron Technology Inc. (MU) had a rally of 207% from its 03/31/26 bottom. Amazingly MU continues to climb.
The daily MU chart courtesy of Trading View updates the action.
As of 06/18/26 MU has risen an incredible 271% from its 03/31/26 bottom!
Daily RSI has a double bearish divergence.
On 06/17/26 the Dow Jones Industrial Average made a new all time high unconfirmed by the other two main U.S. stock indices; S&P 500, and Nasdaq Composite. This type of divergence can lead to at least a multi-week decline of the broader U.S. stock market.
On 06/18/26 none of the three main U.S stock indices were able to make all – time highs.
However, MU did make an all-time high.
Watch Micron Technology. A regular trading session close below its prior session closing price could be a bearish signal for the U.S. stock market.
Four Dimension Trading 