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

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