Category Archives: SOXX-25-05

SOXX, One More High?

July 18, 2025 By in Artificial Intelligence, Positions, Semiconductors, SOXX, SOXX-25-05, Spring-to-Up-Thrust, Up-Thrust 3 Comments

At The Extreme

If the SOXX, continues to pressure the resistance area noted below, there’s a possibility for another new high (not advice, not a recommendation).

As yesterday’s post said, the objective is (for trading actions) to be directed by the market itself.

At this point, the SOXX is not going down, but not materially up, either.

However, we do have a minor spring set-up on the hourly shown below, suggesting the probability for another high (not advice, not a recommendation).

Semiconductors SOXX, Hourly

Short position, SOXX-25-05, exited and on the sidelines (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

First Semis, … Now, Biotech

July 16, 2025 By in $SPSIBI, Artificial Intelligence, Biotech, Positions, SOXX, SOXX-25-05, SPBIO, Up-Thrust, XBI

The Next Set-Up

With the SOXX, reversal apparently at hand, (SOXX-25-05, active), we can continue to the next potential set-up.

As a reminder, this site’s focused on ‘strategy’ first; what’s likely to happen in a big way. Then, tactics, and after that, focus.

Moving on, we have this post from nearly two months ago; forecasting potential price action for biotech, XBI.

Clicking on the link above, reviewing the chart, let’s see where we are now.

Biotech XBI, Weekly

We’re close to the target and potential stops.

Pushing above resistance, does not guarantee a reversal.

It only means there’s likely to be instability; reading that price action, if/when it happens, will help determine the next likely outcome.

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

Nvidia … What’s Left?

July 15, 2025 By in Artificial Intelligence, China, David Weis, NVDA, Positions, Semiconductors, SOXX, SOXX-25-05, Spring-to-Up-Thrust, Up-Thrust

All The Good News

Yesterday’s action falls under the ‘should have known‘, category.

Should have known, based on the price action itself, that something was up.

That ‘something‘, could be all the good news left, for Nvidia (not advice, not a recommendation).

When looking at the pre-market, hourly chart of the SOXX, the condition is obvious.

Semiconductors, SOXX, Hourly (pre-market)

The magenta oval and arrow, indicate current pre-market trading (as of 8:27 a.m., EST).

The SOXX, is trading at 247.58; just above the July 10th high, of 247.52.

At the open, we can expect the usual short-covering volatility for the first three-to-five minutes.

After that, we’ll have some idea if ‘this is it’ (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

Nvidia, Down Early Session

July 14, 2025 By in DAL, DAL-25-02, NVDA, Positions, SOXX, SOXX-25-05, WMT, WMT-25-04

Fibonacci Week 144, Holding … For Now

It’s early in the session; NVDA, has posted a new daily low, adding weight to potential reversal, at Week 144.

The SOXX, also printed a new daily low.

Repositioned short (again), with stop to be the session high (not advice, not a recommendation).

Charts to follow.

Other Markets

DAL-25-02, printed a new daily high (exit signal). Trade closed at break-even (not advice, not a recommendation).

WMT-25-04, stop, moved down to 95.54 (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