Category Archives: SOXS-26-05

Texas Instruments … Lower?

May 31, 2026 By in Artificial Intelligence, AVGO, Semiconductors, SOXS, SOXS-26-05, SOXX, TXN

Below Resistance

With all eyes on Broadcom’s earnings release scheduled for Wednesday, other markets in the sector are giving clues we may be near a reversal (not advice not a recommendation).

One of those, is Texas Instruments.

As can be seen, TXN has failed to move above resistance.

The question for Monday; will TXN quietly retrace upward to test the underside?

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

Broadcom Breakout

May 30, 2026 By in Artificial Intelligence, AVGO, Semiconductors, SOXS, SOXS-26-05, SOXX

Terminating Wedge

Broadcom is No. 3, in market cap within the SOXX.

Of those top three, it’s the only one in (a technical) position to move significantly higher (not advice, not a recommendation).

However, as the chart shows, that ‘higher’ is in the context of a terminating wedge pattern.

Patterns can fail or morph into some other type of event.

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 Top ‘Coincidences’

May 29, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-05, SOXX

Fibonacci, Weekly & Daily

Neuroplasticity:

In basic terms: The brain’s ability to be flexible, re-wire neural connections, perform ‘thought experiments’

With that said, let’s look at the weekly chart of the SOXX.

Semiconductors SOXX, Weekly

First, the unmarked chart.

We’re searching for Fibonacci correlations.

Nothing seems to jump out.

Looking at the chart and following the ‘rules’, leads us to counting from (any) lows to highs (or vice versa), looking for a sequence.

We get some for a while, but then, they diffuse into nothingness.

However, when performing a thought experiment (i.e., don’t follow the rules), we have this:

From the breakout gap, to what could be the exhaustion gap, is a Fibonacci 55-Weeks (not advice, not a recommendation).

Daily Correlation

When looking at the daily chart (not shown), there’s a Fibonacci correlation as well.

From the breakout gap of Wednesday April 8th, to the (potential) exhaustion gap on Tuesday May 26, is Fibonacci 34 days (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 … ‘Exhaustion’ Gap?

May 27, 2026 By in Artificial Intelligence, Ed Dowd, Semiconductors, SOXS, SOXS-26-05, SOXX, Thoughtful Money

We’ll Know Soon

It was an ‘outside-down’ day for the SOXX.

Even with that, we still have what looks like an exhaustion gap, yet to be filled (chart below).

Taking the entire pre-market and after-market sessions into account, as of this post (5:45 p.m., EST), the SOXX has retraced to near the 38% level (not advice, not a recommendaiton).

Semiconductors SOXX, Weekly

As Ed Dowd said in a recent interview:

‘Whenever this (A.I., semiconductor)) unwind happens, it’s going to be quick.’

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