SOXX …’Up Close’

June 15, 2026 By in Artificial Intelligence, Semiconductors, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust Leave a comment

Just Above Resistance

We’re at mid-session and this is how it looks for the SOXX.

New all-time highs while at the same time, posting a repeating pattern, link here (not advice, not a recommendation).

Of course, it’s what happens next, that’s important.

If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

A.I. and A.I. ‘Adjacent’

June 14, 2026 By in Artificial Intelligence, Ed Dowd, ENTG, ENTG-26-04, House of El - AI, Semiconductors, Up-Thrust Leave a comment

What exactly, is that?

We’re probably way past extremes like the ‘sock-puppet‘ era of dot-com boom/bust.

Ed Dowd, in recent interviews has mentioned the concept of ‘A.I., and A.I., adjacent’, for the downside. (not advice, not a recommendation).

So, what is ‘A.I. adjacent’, exactly?

Loosely translated, ‘businesses or products used to support the A.I. hysteria.’

All of which, brings us to Entegris.

Entegris ENTG, Weekly

Attempted breakout (Up-Thrust) from late April to early May results in downward action.

Last Friday, price action tentatively pushed itself above resistance, again (Test).

With the A.I. narrative unravelling by the day if not the hour, one has to wonder, if this ‘breakout’ will hold (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

GE … at the edge

June 13, 2026 By in GE, Spring-to-Up-Thrust, Up-Thrust Leave a comment

The ‘Set-Up’

After the last update on GE, here, it went into a near 30-point downswing, about to confirm the Head & Shoulders pattern, link here.

It didn’t happen.

What we got instead, a push below support, setting up a spring condition, leading to the potential up-thrust, on Friday (not advice, not a recommendation).

That’s where we are; waiting to see what happens next.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX, fills the ‘gap’

June 12, 2026 By in Artificial Intelligence, Semiconductors, SOXX Leave a comment

Alternation?

It was six trading days for the SOXX to fill the gap created on June 5th.

In a way, it did ‘alternate’ (discussed here) from the gap fill on the 4th; that filled within the day.

So, here we are. Fibonacci Day 8 from the SOXX all-time highs.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Bond Rally Continues

June 11, 2026 By in Bonds, TLT Leave a comment

An Omen?

Is the bond market front-running a market meltdown?

The current rally began immediately after the ‘stick save‘ post and continued for a Fibonacci 8-Days.

Then, a retrace back to a shallow 38.2%, before continuing higher, indicating significant demand (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX … in a Channel?

June 10, 2026 By in Artificial Intelligence, Semiconductors, SOXX Leave a comment

Early Signs

It’s never too early to start looking for a trend.

While there may or may not be a trading channel, what we do have, are inflection points at Fibonacci counts, 1,3, and 5.

Next up, is ‘Day 8’ (not advice, not a recommendaiton).

Let’s see what happens.

Note, the ‘hanging man’ and this update provided a heads-up on the reversal potential.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX, Rally (attempt) Fails

June 9, 2026 By in Artificial Intelligence, House of El - AI, Semiconductors, SOXX, Up-Thrust Leave a comment

Weak Gap-Close

If the current situation holds, the gap-close attempt in the SOXX, has failed (not advice, not a recommendation).

A short-lived upward spike in the morning session, was quickly reversed.

Anything can happen, the index could give it another try.

However, we see the situation unraveling on several fronts (A,I., and private credit), in real time, link here.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX: Gap Fill, or Not?

June 8, 2026 By in Artificial Intelligence, Prechter, Semiconductors, SOXX 1 Comment

Rule of Alternation

One of the many characteristics of price action behavior, is alternation.

‘What happened last time, is not likely to happen this time’ (not advice, not a recommendation).

The chart shows the previous gap being filled.

What are the probabilities of the current gap being filled?

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver’s Measured Move

June 7, 2026 By in 2007 - 2008, Gold & Silver, SLV, Wyckoff Leave a comment

Same Target, Different Method

The last update on Silver (SLV) was back in April, link here.

This past week’s action had SLV, breaking down from a wedge, targeting a measured move (not advice, not a recommendation).

The April link above, contained the prior ’08 meltdown scenario as an example, targeting a 60% decline; 43 – 44 area (not advice, not a recommendation).

Now, the wedge formation, targets ~46 (not advice, not a recommendation).

Silver ETF SLV, Weekly

We can see the breakout to the downside.

However, we’re near support levels; penetrating those would technically put SLV in Wyckoff ‘spring’ position.

That would imply some upside testing before continuing lower (not advice not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar … Hits Resistance

June 6, 2026 By in PCAR, PCAR-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust Leave a comment

Up-Thrust Zone

The last update on Paccar, was back in February, link here.

At the time, it was just starting its topping and reversal process.

The chart shows at least two short-tradeable moves (up-thrust, wedge) and now, potentially a third (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279