Likes ReceivedS&P is not falling, be cautious about bottom-fishing semiconductors; if you really want to buy the dip, wait for the right side confirmation.
Many sectors performed okay yesterday.
Semiconductors are still continuing to reduce overcrowding.
A washout of everything!!!!
$SPDR S&P 500(SPY.US)
Sometimes I'd rather see the S&P drop a bit more.
Just wait, just wait.
The screenshot is on a monthly timeframe, SOXS has gained 69%.
$Direxion Semicon Bear 3X(SOXS.US)
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