SOX On KEY Support Test

Folks, here we go. The Semiconductor index, which was our leader post-2012 is finally testing the 560 breakout area.

Folks, here we go.  The Semiconductor index, which was our leader post-2012 is finally testing the 560 breakout area.  This could well be the decider between bull market failure (less favored, for now) and a next big leg up.  We’ll let shorter-term technicals decide.  But this is very important…

sox

For reference, here is what it looks like on a daily chart.  If anyone knows of any news in the industry, please use the Contact link above.  Meanwhile, I’ll scrounge around too.

sox.daily

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