Category Archives: Up-Thrust

SOXX Tops at ‘633’

June 16, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust Leave a comment

Pre-Market Pivot

Is this the start?

Is everybody going to run for the exits (not advice, not a recommendation).

From yesterday’s update, we had this:

“If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®”

Well, ladies and gentlemen; pre-market top 633 as noted and now, early in the session, a new daily low.

Semiconductors SOXX, Hourly

Currently testing underside resistance.

Of course, anything can happen. The SOXX could recover and move on to new all-time highs.

However, since posting a new daily low, below established resistance, we’re at The Danger Point® where risk on a short position is least (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 …’Up Close’

June 15, 2026 By in Artificial Intelligence, Semiconductors, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Just Above Resistance

We’re at mid-session and this is how it looks for the SOXX.

New all-time highs while at the same time, posting a repeating pattern, link here (not advice, not a recommendation).

Of course, it’s what happens next, that’s important.

If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®

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

A.I. and A.I. ‘Adjacent’

June 14, 2026 By in Semiconductors, Artificial Intelligence, Ed Dowd, Up-Thrust, ENTG, House of El - AI, ENTG-26-04 Leave a comment

What exactly, is that?

We’re probably way past extremes like the ‘sock-puppet‘ era of dot-com boom/bust.

Ed Dowd, in recent interviews has mentioned the concept of ‘A.I., and A.I., adjacent’, for the downside. (not advice, not a recommendation).

So, what is ‘A.I. adjacent’, exactly?

Loosely translated, ‘businesses or products used to support the A.I. hysteria.’

All of which, brings us to Entegris.

Entegris ENTG, Weekly

Attempted breakout (Up-Thrust) from late April to early May results in downward action.

Last Friday, price action tentatively pushed itself above resistance, again (Test).

With the A.I. narrative unravelling by the day if not the hour, one has to wonder, if this ‘breakout’ will hold (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

GE … at the edge

June 13, 2026 By in GE, Spring-to-Up-Thrust, Up-Thrust Leave a comment

The ‘Set-Up’

After the last update on GE, here, it went into a near 30-point downswing, about to confirm the Head & Shoulders pattern, link here.

It didn’t happen.

What we got instead, a push below support, setting up a spring condition, leading to the potential up-thrust, on Friday (not advice, not a recommendation).

That’s where we are; waiting to see what happens next.

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, Rally (attempt) Fails

June 9, 2026 By in Artificial Intelligence, House of El - AI, Semiconductors, SOXX, Up-Thrust Leave a comment

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

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

Paccar … Hits Resistance

June 6, 2026 By in PCAR, PCAR-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust

Up-Thrust Zone

The last update on Paccar, was back in February, link here.

At the time, it was just starting its topping and reversal process.

The chart shows at least two short-tradeable moves (up-thrust, wedge) and now, potentially a third (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

Cadence … All-Time-Highs

May 25, 2026 By in CDNS, Spring-to-Up-Thrust, Up-Thrust

The Set-Up, Again

Last Friday, CDNS printed and closed at all-time highs.

Looking at the chart, it’s the all-familiar pattern (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 … Diving into Details

May 23, 2026 By in Artificial Intelligence, David Weis, Dr. Elder, Semiconductors, SOXS, SOXS-26-04, SOXX, Spring-to-Up-Thrust, Up-Thrust

Hourly Numbers

When you add it all up, if the SOXX was going to reverse from all-time highs into a sustained correction, Friday’s close would be a good place to start (not advice, not a recommendation).

Prior updates have been consistent with the (Wyckoff) premise, upward thrusts are covering less net distance.

SOXX Hourly Details

First, the markets are fractal.

We see the same repeating pattern of ‘spring to up-thrust’, on the hourly as on longer timeframes.

Second, tops and bottoms are different.

The characteristic of the ‘spring’ bottom and the ‘up-thrust’ top are how markets behave.

Bottoms, ruled by fear, typically sharp and well defined.

Tops, ruled by hope, typically wide and rounded.

Semiconductors SOXX, Hourly

The top shown above, is what David Weis used to call, The Danger Point®, where risk (cost) of being wrong (on a short, in this case), is least.

In his video, he points out this type of action, saying ‘the market could just keep on going … so what’.

His meaning was, it’s the point where there’s instability, therefore, potential for reversal (not advice, not a recommendation).

For those who don’t have that video, it is timeless wisdom, still available here.

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 … All-Time Highs

May 22, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-04, SOXX, Spring-to-Up-Thrust, Up-Thrust, Wyckoff 1 Comment

And Then?

For the past two weeks, the SOXX has been discussed within the context of ‘shortening of the thrust’.

That’s a Wyckoff adage:

‘When a move is nearing its end, the amount of net progress (between waves) will become shorter’ (not advice, not a recommendation).

Even though the past four trading days have closed higher, SOXX net upward progress, is still getting shorter.

Semiconductors SOXX, Daily Close

Next update, we’ll move closer-in to the hourly.

That timeframe shows a clear ‘spring to up-thrust’ set-up (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

ON Semi, Tests Reversal

May 20, 2026 By in Artificial Intelligence, AVGO, NVDA, ON, ON-26-01, Spring-to-Up-Thrust, TSM, Up-Thrust

While Nvidia Erodes, After-Market

Five trading days ago, On Semi, posted its all-time high.

The difference between ON, and semi leaders like, NVDA, TSM, and AGVO, the prior all-time high for ON, was years ago, back in July of 2023.

Since that time, it’s been in a wide trading range.

ON Semiconductor, ON, Daily Close

The standard set-up, seen many times, labeled as ‘spring to up-thrust’ (not advice, not a recommendation).

Depending on how price action goes from here, we’ll update accordingly.

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