Demand Evaporating?

Today was supposed to be the day when semis continued their short squeeze grind higher.

It didn’t happen.

Instead, we had various reversal patterns and (down) trendline confirmations.

The trend, channel, and minor wedge on MU, is a good example (not advice, not a recommendation).

Stay Tuned

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