Decision Point For The Semiconductor Index & Hence, The Market

The SOX is dropping to the 10 year support line. We will now see which bulls are committed and which bulls are not as the market takes a moderately scary drop today.

The SOX is dropping to the 10 year support line.  We will now see which bulls are committed and which bulls are not as the market takes a moderately scary drop today.

sox.day

For perspective (always a good thing), here is the monthly view again.  It’s for all the marbles in the ‘will they or won’t they (blow off)?’ sweepstakes with regard to US stock markets.

sox.mo

None.

STOCKS IN THIS ARTICLE

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