its really plain that this chart is not bullish. the last time we retraced over half a bounce we fell to the lows and made new lows. that means new lows for the broader market. i see an upside of 4% and a downside of 11%. i like selling any rip on large cap semiconductors by buying soxs.
bearmarketbigtechChart PatternsforecastindexTechnical IndicatorslonginversemarketgaugesemiconductorsSOXSTrend Analysis

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