SOXX … Top & Test

September 30, 2025 By in Artificial Intelligence, DIA, DIA-25-05, Dow 30, Positions, Semiconductors, SOXX, SOXX-25-15, Spring-to-Up-Thrust, Up-Thrust 2 Comments

The Big One?

If it really is the ‘big one’, we won’t know until it’s over.

What is known, the SOXX posted an all-time high yesterday.

Today, it posted a new daily low and then immediately began a retrace higher (to test).

That’s where we are now. The test has (so far) posted all the way up to a 61.8%, retrace.

Semiconductor SOXX, 30-minute

We’re in close on the action with the 30-minute chart.

Of course, while all this is going on, the major distraction (this time around) is the ‘shutdown‘.

Separately, the Dow (DIA) posted a new daily low. 🙂

Stay Tuned

Charts by StockCharts

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

2 responses

    • Yes,

      I have been watching. It almost looks like a typical commodity blow-off top. It could break down at any point but if we see a huge gap-up open on triple volume for the day or something similar, then we’re close.

      Meanwhile, back at the ranch in the aftermarket, the SOXX looks like it’s eroding lower.

      Thanks again,

      Paul

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