Semiconductor Index

The daily chart of the Semiconductor Index remains constructive above the 10 year breakout support line and now, with a rise above the 50 day moving average, is trying to get bullish again.

The daily chart of the Semiconductor Index remains constructive above the 10 year breakout support line and now, with a rise above the 50 day moving average, is trying to get bullish again.

sox

The green arrow shows a higher low and the red arrow shows a lower high.  Ultimately, one of these parameters is going to break and send SOX off on its bullish or bearish way.

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