Tuesday, October 5, 2021

#Semicondutor Stocks Review $SOXX

Semis Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

The Semiconductor stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

The semiconductor stocks are breaking through swing lows with increasing volume. This suggests increasing downside force.  This is a warning to the bulls.

Another important warning, one that doesn't matter until the majority panics, is PDT2 in the phase column of the Trends Tab. Primary Trend Decline (PDT) warns us that the primary trend is extended. The monthly price (BuS) and time (BuST) cycles are 1.9 and 2.0. Monthly readings above 2 are extremely rare. If the primary trend flips down, the semi bulls will be vulnerable.

Semiconductor stocks ETF

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.