Orderly Descent (so far)

At this point, to be short this market is a judgement call (not advice, not a recommendation).

If there’s no appreciable upward action from this point, the SOXX is in an orderly decline.

Net distance traveled between the magenta lines and blue lines are approximately equal.

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