SOXX

Medical-Lecture-6053

i just full ported long we are oversold due for a bounce right the 200 EMA on SOXX/SMH RIGHT??

bad_detectiv3

indeed. SOXX and NVDA

Cav829

Yeah, it's the SOXX/SMH collapse people should be looking at. They broke very long multi-year supports and didn't show much bounce (unlike the Leopold liquidation day). Heck, the main thing even holding up the Nasdaq toward the end of the week was runs on CRWD and PANW because of the whole phpshell incident.

TreGet234

Look at SOXX and then look at the classic dotcom bubble pattern.

CEO_of_SOXL

I hope I plan on buying SOXX puts if it pops up mkre

jcpopm

P/E over 1000 you say? Are you from the future? If so that means we have a long way to go and I will continue to hold my SOXX I guess.

DCtMonteCrypto

jan calls on the SOXX

95Daphne

Will admit to having an "extremely" weak stomach, but -27% for the SOXX is significant for me. Don't feel like checking as it'd make me sad, but my long-term holding from this grouping is likely in the red on the year and could easily wipe the gains from the April bounce soon (and yes, this is a 6-year holding). I guess my big thing here though is the likelihood of this being contained is just not very good. Folks love to try touting Dow/S&P equal weight outperformance when it happens (this outperformance isn't even impressive yet though), but what usually ends up happening is that you'll end up with an everything selloff. The last time things played out this way was pretty sneaky because it took months and it really looked for a while that the RSP was going to be able to cancel out tech lagging.

SpongEWorTHiebOb

IShares on their web site indicates the SOXX trades at a 45 PE.

CEO_of_SOXL

I’m back. To my fans since I’ve been gone I’m sorry it’s been 5 hours. If you want financial advice I’m buying SOXX puts once the market turns green on Monday.

Ok_Cry7572

AstroZan on X 𝗪𝗵𝗮𝘁 𝗗𝗼𝗲𝘀 𝘁𝗵𝗲 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 #𝗪𝗧𝗜 𝗖𝗵𝗮𝗿𝘁 𝗧𝗲𝗹𝗹 𝗨𝘀? 𝟭𝟬/𝟮𝟰/𝟮𝟲 🔴 𝗧𝗵𝗿𝗲𝗲 𝗟𝗼𝘄𝗲𝗿 𝗛𝗶𝗴𝗵𝘀 — 𝗢𝗻𝗲 𝗠𝗮𝗷𝗼𝗿 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 The monthly #WTI chart shows oil testing a powerful, long-term descending resistance line originating from the Global Financial Crisis (GFC) oil price peak. Following that historic top, WTI established a lower high after the COVID dislocation, followed by a third lower high in April 2026. See the three red circles marking these major tops. 𝗧𝗵𝗲 𝗯𝗶𝗴 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻: Why should oil suddenly break above this multi-decade resistance when the Iran conflict, at least in its current form, has not produced a disruption comparable in scale to the GFC or COVID? 🔴 𝗧𝗵𝗲 $𝟭𝟬𝟯 𝗟𝗲𝘃𝗲𝗹 — 𝗛𝗶𝘀𝘁𝗼𝗿𝘆 𝗥𝗵𝘆𝗺𝗶𝗻𝗴? WTI is currently trading near $103, a historically important price zone. Notice the horizontal red line connecting three major resistance tests. Each previous encounter was followed by a significant price breakdown. 𝗪𝗶𝗹𝗹 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 𝗿𝗲𝗽𝗲𝗮𝘁 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸, just as oil bulls anticipate a geopolitical breakout on renewed Iran war fears? The chart suggests the risk may be to the 𝗗𝗢𝗪𝗡𝗦𝗜𝗗𝗘, not the upside. 🟢 𝗠𝗲𝗮𝗻𝘄𝗵𝗶𝗹𝗲, 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿𝘀 𝗔𝗿𝗲 𝗦𝗲𝗻𝗱𝗶𝗻𝗴 𝗮 𝗩𝗲𝗿𝘆 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗦𝗶𝗴𝗻𝗮𝗹! Friday's price action in $SMH, $SOXX, and $DRAM supports the broader bullish equity reversal thesis. Remember: 𝗦𝗲𝗺𝗶𝘀 𝗹𝗲𝗮𝗱 𝗼𝗻 𝘁𝗵𝗲 𝘄𝗮𝘆 𝗗𝗢𝗪𝗡, 𝗮𝗻𝗱 𝘁𝗵𝗲𝘆 𝗹𝗲𝗮𝗱 𝗼𝗻 𝘁𝗵𝗲 𝘄𝗮𝘆 𝗢𝗨𝗧 𝗼𝗳 𝗮 𝗰𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻. On Friday, semiconductors demonstrated relative strength. $VXN behaved better than $VIX, while $SOXX and $SOXL closed positive despite the VIX remaining near 20. This is a 𝗕𝗨𝗟𝗟𝗜𝗦𝗛 𝗗𝗜𝗩𝗘𝗥𝗚𝗘𝗡𝗖𝗘, suggesting that underlying market strength may be developing even as fear remains elevated. 🚀 𝗠𝘆 𝗣𝗿𝗼𝗽𝗿𝗶𝗲𝘁𝗮𝗿𝘆 $𝗦𝗠𝗛 𝗖𝗼𝗺𝗽𝗿𝗲𝘀𝘀𝗶𝗼𝗻 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗜𝘀 𝗙𝗹𝗮𝘀𝗵𝗶𝗻𝗴! My custom $SMH coiling/compression indicator currently shows compression 𝟮𝟱𝟬% 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 than at the March 30 bottom. It is also 𝟮𝟬% 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 than at the July 29 bottom. This degree of compression suggests 𝗘𝗫𝗣𝗟𝗢𝗦𝗜𝗩𝗘 𝗨𝗣𝗦𝗜𝗗𝗘 𝗦𝗤𝗨𝗘𝗘𝗭𝗘 𝗥𝗜𝗦𝗞 heading into next week, particularly if the bullish semiconductor signals are confirmed. ⚠️ 𝗧𝗵𝗲 𝗢𝗻𝗲 𝗗𝗼𝘄𝗻𝘀𝗶𝗱𝗲 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗜 𝗔𝗺 𝗪𝗮𝘁𝗰𝗵𝗶𝗻𝗴: The principal short-term risk to my bullish outlook is an unexpected escalation with Iran, potentially involving a sudden, decisive, one-and-done military operation or leadership-targeting strike. Such an event could trigger a 𝗠𝗼𝗻𝗱𝗮𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗹𝘂𝘀𝗵, followed by a 𝗦𝗔𝗠𝗘-𝗗𝗔𝗬 𝗩-𝗦𝗛𝗔𝗣𝗘𝗗 𝗥𝗘𝗖𝗢𝗩𝗘𝗥𝗬 as the initial panic subsides. This will keep the long geometric structure in tact with a daily price wick. One speculative political scenario is that @netanyahu and @realDonaldTrump could view the approaching elections as a narrowing window for decisive action. Should Netanyahu lose his bid for another term, a caretaker government could face greater political constraints on launching further strikes. 𝗘𝘃𝗲𝗻 𝘂𝗻𝗱𝗲𝗿 𝘁𝗵𝗮𝘁 𝘀𝗰𝗲𝗻𝗮𝗿𝗶𝗼, 𝗺𝘆 𝗽𝗿𝗲𝗳𝗲𝗿𝗿𝗲𝗱 𝗺𝗮𝗿𝗸𝗲𝘁 𝗼𝘂𝘁𝗰𝗼𝗺𝗲 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗮 𝗿𝗮𝗽𝗶𝗱 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗿𝗲𝘃𝗲𝗿𝘀𝗮𝗹, rather than a sustained breakdown. 𝗠𝘆 𝗼𝘂𝘁𝗹𝗼𝗼𝗸: 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 #𝗪𝗧𝗜. 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗦𝗲𝗺𝗶𝘀. 𝗨𝗽𝘀𝗶𝗱𝗲 𝗦𝗾𝘂𝗲𝗲𝘇𝗲 𝗥𝗶𝘀𝗸 𝗳𝗼𝗿 𝗘𝗾𝘂𝗶𝘁𝗶𝗲𝘀. I will discuss the $SMH chart and its extraordinary compression setup in a separate post later today.

TreGet234

Only proof i need is overlaying 2000 nasdaq or 2021 ARKK with current day SOXX. The bubble, as far as stock valuations are concerned, has popped.

TreGet234

I implore you to sell your ai and semi positions. The bubble has popped and won't be coming back. SOXX will look like the nasdaq in 2000 or ARKK if you check the all time chart. Always the same pattern. This will flush 50% soon easily. What will happen next week: no rate hike and surprisingly dovish outlook. Everything moons. But: dovish because recession is near. After the top (november) the 18 year real estate cycle resets, spy will revisit 2022 lows.

TreGet234

It is confirmed. The SOXX bubble has officially popped.

TreGet234

The bubble has so popped. SOXX right at the neckline. You can't just recover from that. It will flush another 50% from here.

TreGet234

SOXX/SMH really looks identical to the classic bubble pattern with all the phases clearly market. This is it. SOXS will print millionnaires.

TreGet234

SOXX 1:1 tracking nasdaq dotcom bust pattern. (Amd ARKK 2021 pattern)

C2theC

You’re too concentrated, obviously. My portfolio is -4.92% from my ATHs (SPY is -2.77%), while I am still +32.68% YTD (SPY is +14.88%). As someone else said, there are still bull markets, you’re just not in them. Stocks include AAPL CRWD PANW PLTR. I did the above while holding SOXX, and that’s mainly because I didn’t buy at the tops. But mainly because it’s not a huge part of my portfolio, I’m spread out over other indexes and boring cash cows like AAPL.

ebitdasga

SOXX is down 40%, and part of googles run to 400 was the semi run last April, you aren’t doing that bad being down 20% vs most people here

Bagholder4lifez

SOXX went to the 200 MA afterhour just to offer this weak performance. Hey Mr Market, dump during market hour so we can get the stop loss rally

BrightKey3795

I've been short SOXX since a little over $600. But, $500 has been a very solid floor. If $500 becomes a ceiling, I think we have a lot of room to run (downward).

Junior-Albatross4614

The past few days have illustrated the validity of your strategy. SOXX went from 510 to 479 in about a week. It appears your post-split plan could be the best option. Again, I would like to thank everyone who provided a solid answer. Maybe a foolish query, but I just had this unresolved question and thought I could gain from new viewpoints, which I did. That is what Reddit is here for, to gain new perspectives. Thank you.

TreGet234

SOXX perfectly tracking the nasdaq dotcom pattern. The bubble has burst. It will never see ATH again. Jan 1st it will be apple as the no 1 company in the world while nvidia slides 50+%.

TreGet234

I don't believe the index can keep going higher with a popped ai bubble. Back in 2000 the SOXX peaked about a week before the index did.

Fhyzikz

More red for SOXX today I guess 🥱

Own-Recipe5908

I mean, there's a pretty big difference, yesterday most stocks were up, just soxx and tech getting murdered. Today SOXX is flat-ish and everything else is getting murdered. Yesterday was bullish as fuck, today is just misery.

95Daphne

I think there’s enough of a “let it burn” mentality involving Democrats with Big Tech right now that they would be fine with falling behind China to attempt to avenge tech falling behind the US right. In an alternate Kamala universe, you probably get to 7800ish in a smoother way, so just no big squeezes like earlier this year in the SOXX or liberation day crashes, but in the world we’re in now, unless you’re in the middle of a 2018 style wipeout, it may literally be a case of Dems +8 or better and AI is screwed for a few more months while the rest of the market tries to compensate, and then anything lower than that and the rest of the market ex-AI is going to struggle.

chloe858

Today, I’ve seen many friends in the secondary market sharing their account statements—drawdowns of tens of thousands of dollars in a single day are everywhere. The chart for SOXX (a semiconductor ETF), which has fallen 16.06% over the past month, serves as a perfect microcosm of the current "risk-off" storm hitting tech stocks. From my perspective—working in the primary market on pre-investment due diligence (DD) for private equity and industrial funds—I’d like to offer a reality check: don’t let the panic-driven stampede force you to surrender your core holdings. 1️⃣ Look-through Audit: The 16% decline represents an unwinding of the "liquidity premium" in the secondary market, not a collapse of the underlying core assets. The global monopolistic pricing power of companies like ASML, TSMC, and Nvidia—along with the long-term capital expenditure (Capex) trends in the AI ​​industry—remains fundamentally intact. 2️⃣ Valuation Anchoring: Market panic often signals the moment for long-term industrial capital to begin "buying into the dip" (contrarian positioning). This correction in SOXX is bringing the semiconductor sector’s forward P/E ratio closer to a more attractive historical mean. A "margin of safety" is created by price declines, not by rallies. 3️⃣ Risk Management: Should you liquidate a position that’s down $30,000? That depends on your concentration risk. If you are deploying unleveraged "dry powder" to build positions incrementally during a downturn, this "downcycle" is actually an ideal window to accumulate high-quality assets. For those of you engaged in high-frequency trading or managing long/short funds: are you currently executing stop-loss orders, or have you begun accumulating long-dated, high-delta call options—or perhaps the underlying stocks themselves? At this juncture, do you think the "other shoe has dropped," or is there more to come?

brbcryinginside

SOXX or SOXL for tomorrow?

KMI_Dragon_Knight

its SOXX.

aemus001

It's not going anymore down inspite of MU, still at risk from general SOXX sell off though...

Fhyzikz

SOXX still moving like a meme coin

Bagholder4lifez

Bullish divergence on tech/semis (5min chart). Liquidity sweep to the 200 MA during afterhour on SOXX. I'm just waiting for the volume the first 5 minutes after the bell, but it's gonna be GREEN bigly.

jasperCrow

!banbet SOXX 170 3w

jasperCrow

!banbet SOXX 3

jasperCrow

!banbet SOXX 170 17d

SomeNothing6002

Honestly, selling tech stocks at a loss right now isn’t a smart move. SOXX is down 19.3% from its previous high, while the brutal July sell-off saw it drop 27%. What I’m saying is, buy more SOXL.

Bagholder4lifez

SOXX on the 200 MA. Things will get funny.

LetterPretend

still have a lot more room to drop. SOXX is still up 50% YTD.

ebitdasga

SOXX needs to go up 40% to be back at June levels. Just wild. Jensen is a snake oil salesman with his MRVL to 1T bullshit

DICK_STUCK_IN_COW

SOXX is at the 200sma buuuut the VWAP is only $100 lower. I wonder where the bounce will be 🤔

Bagholder4lifez

SOXX will hit the 200 MA and do a liquidation sweep and it will go up. So yeah, I agree with you.

TheRealArmament

Bro has 90% QQQ with 10% SOXX for more risk exposure

unexceptiontotherule

SOXX barely clinging on to the 200d sma but QQQ still has a long way to fall. Yikes.

jraiv420

WDC save DRAM and SOXX

verified-trader

**BanBet Lost** — /u/CaaCCeo (0W - 4L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SOXX** ▼ | $576.24 → $450.00 | -21.9% | 3w | Lost |

Bagholder4lifez

The 3pm 5min volume candle on SOXL/SOXX was good

EmergencyRace7158

The rise of passive investors and leverage means that there's no real safe place in a crash outside of cash and actually being short. I've been extremely skeptical of the market since late 25 - the AI capex trade is clearly in a bubble and I want no exposure to this any more. I'm \~50% non equities (CLOs, Munis, MM, real assets). My equity allocation is 60% in active long/short funds that are beta neutral and will outperform in a crash and bear market. There is still a latent beta to tech and semis via some of these investments so I also keep rolling monthly -10% OTM put options on SOXX as a crash hedge. It's been a really good month to have those and even in past months where they've expired worthless, I'm generating short term capital losses on the premiums to offset longer term gains on my equities book.

IvoryTowerResident

still pretty far SOXX up 51% YTD

tawfika1

Nice day for SOXX

Lpreap

A 33% drop in SOXX and your position goes to 0. And trust me a crash is coming lmao. 

Fhyzikz

Bears keep yapping. Time to buy SOXX

CUbuffGuy

7% day on SOXX tomorrow after blowout WDC ER. ez

Murky-Gate7795

I can’t imagine SOXX isn’t oversold after last week and this.

NaluknengBalong_0918

SOXX… that don’t look like no V :clifford: :clifford: :clifford: :dance: :dance: :kek:

LabyrinthLayers

Fucking SOXX god damnit

Bagholder4lifez

Deadcat $80-$82, but yeah, the target is $70-$74. And this is the optimist scenario where SOXX bounce on the 200.

jasperCrow

SOXX looking atrocious

jasperCrow

SOXX exit liquidity pump already getting sold off.

CUbuffGuy

People look at charts and are like pfft, people who bought META at $100 had it so easy. I'll buy SOXX lows too, so free. Then I see the same people panicking and yelling to sell when things aren't nearly as grim lol. You can't have it both ways lol. Gotta buy fear if you want the low cost basis.

StophJS

I full ported SOXX yesterday lol

Bagholder4lifez

People here buy SOXL without watching SOXX first.

tortoisepump

Think I'm just gonna buy Tootsie Roll, the SOXX volatility is killing me

FinancialTitle2717

WTF is going on with the SOXX? -3% overnight?

Medical-Lecture-6053

Kospi & SOXX/SMH are the bear flag to hell break below its jover

yourgirl696969

Imagine if SOXX loses all of the gains since April. I think SPY would crash

GregGirthman

Yeah SPY, QQQ and SOXX need to get obliterated.

GainDelicious1894

Not necessarily true. Leveraged ETFs can also outperform normal ETFs even with the daily reset. Compare SOXL vs SOXX

Perfect_Painter_7863

how low will SOXX go

Vlisa

sorry, I sold 3 share of SOXX AH, my baf

PaperHandsTheDip

Because it outperforms SOXX

Bagholder4lifez

I agree. Shorts covering in the morning, and slow dump in the afternoon. I didn’t see a capitulation candle bought by institutions for the moment. No bullish divergence. Nada. But earnings and FOMO can fuck that quickly. I’m still waiting for the 200 on SOXX but I can be wrong.

autumnbreeznleaves

Nikkei is up over 1.5% as well. $SOXX are up over 2.5% AH's. I'm heavily over leveraged in Pacific Asian ETF's. People here watch the $SOXX stocks. What I think most have missed is that higher crude oil, DXY, and US 10 yr yields are the same reason the $SOXX stocks and $EWY, $EWJ, $EWT have all had this pullback. It isn't the clickbait news AI / data center headlines that caused this pullback.

Vlisa

rip my SOXX order didn't fill

Vlisa

That's it I'm getting my family SOXX for Christmas

Ceyenne18

tomorrow .... SPCX up +2% but SOXX up +10% :)

Ordinary_Material175

How AI CAPEX (MET, GOOG) getting hammered but semis (SOXX) not? Make it make sense?

Ordinary_Material175

Does SPY just track SOXX now?

dogex3

!banbet SOXX -1.5% 6h

autumnbreeznleaves

My port just turned Green. I added to $EWJ, $VXUS, and $EWT. The $SOXX are about to turn Green. The bottom is in, boyz. Crude Oil, DXY, and US 10 yr are moving lower.

jasperCrow

If Nvidia holds here after triple tapping. SOXX is going to probably rip the rest of the week.

Vlisa

COST at 48 P/E is a steal. Imagine buying dogwater like MU or SOXX :money:

dogex3

!banbet SOXX 492

daddysgirl794

SOXX chart looks like absolute booty cheeks

dang8701

I’d say why did you do that, but last week going bald deep into SOXX isn’t much better

daddysgirl794

Probably, but at least I'm not a deluded bull that thinks SOXX is hitting 655 again anytime soon

daddysgirl794

SOXX down -25% off its highs and heading down further, it's over

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SOXX** ▼ | $450.00 (below) | $576.24 | $501.99 | -21.9% | Thu 3:26 PM ET | | **Record** | 0W - 3L | 0% | - | - | - |

Critical-County1152

Benzinga has the SOX down 15.7% over those eight sessions, so a premarket pop in SOXX barely dents it. I'm more curious whether memory holds, since Micron alone lost 14.6% last week and that move was about the CXMT headline more than demand. Not sure today tells us much either way. Meta and Tesla report Wednesday and that's probably the real capex read.

Critical-County1152

SOXX up 2.8% premarket per Benzinga, after Yahoo had it down about 16% in eight days. Cool, roughly seven more mornings like this and we're back to Oct 6.

jasperCrow

SOXX

jasperCrow

When did we last get the setup where SOXX was down 8 consecutive days?

manlymatt83

Why not SOXX puts…?

music_is_gud

Most of my semis calls are far OTM LEAPS. For Lrcx it was $300. I also have some $600 SOXX leaps. All of them are 2028 expiry. That being said, I also have some hedging QQQ puts which are gonna cost me a bit tomorrow 🙃

jasperCrow

Of course SOXX is shrek cocked

CUbuffGuy

Oh wow you mean bears shorting 8 red days in a row on SOXX saying BLACK MONDAY were wrong? Crazy.

Ok_Cry7572

Astro Zan on X Israel's 𝟮𝟲𝘁𝗵 𝗞𝗻𝗲𝘀𝘀𝗲𝘁 election is scheduled on October 27, 2026, rather than the prior day with fascinating numerical symmetry of 𝟮𝟲-𝗢𝗖𝗧-𝟮𝟲. Instead, we get the 27th, another date of astrological and numerological interest. 🔹 𝗘𝗡𝗘𝗥𝗚𝗬 𝗣𝗥𝗜𝗖𝗘𝗦 𝗔𝗡𝗗 𝗧𝗛𝗘 𝗣𝗢𝗟𝗜𝗧𝗜𝗖𝗔𝗟 𝗖𝗔𝗟𝗘𝗡𝗗𝗔𝗥 Reported gasoline prices in Tel Aviv have reached today approximately 𝗨𝗦 $𝟭𝟬 𝗣𝗘𝗥 𝗚𝗔𝗟𝗟𝗢𝗡 ⚠️⚠️, just nine days before the anticipated election date. As outlined in my earlier #WTI analysis, 𝗢𝗜𝗟 𝗔𝗣𝗣𝗘𝗔𝗥𝗦 𝗧𝗢 𝗕𝗘 𝗙𝗢𝗥𝗠𝗜𝗡𝗚 𝗔 𝗠𝗔𝗝𝗢𝗥 𝗧𝗢𝗣. See the quoted post below. 🔹 𝗧𝗛𝗘 𝗡𝗘𝗫𝗧 𝗧𝗪𝗢 𝗪𝗘𝗘𝗞𝗦 — 𝗠𝗬 𝗠𝗔𝗥𝗞𝗘𝗧 𝗧𝗛𝗘𝗦𝗜𝗦 The timing is particularly interesting. My preferred cycle scenario calls for 𝗚𝗘𝗢𝗣𝗢𝗟𝗜𝗧𝗜𝗖𝗔𝗟 𝗗𝗘-𝗘𝗦𝗖𝗔𝗟𝗔𝗧𝗜𝗢𝗡, 𝗙𝗔𝗟𝗟𝗜𝗡𝗚 𝗢𝗜𝗟 𝗣𝗥𝗜𝗖𝗘𝗦, 𝗔𝗡𝗗 𝗔 𝗦𝗧𝗥𝗢𝗡𝗚 𝗥𝗘𝗖𝗢𝗩𝗘𝗥𝗬 𝗜𝗡 𝗚𝗟𝗢𝗕𝗔𝗟 𝗘𝗤𝗨𝗜𝗧𝗜𝗘𝗦 into the Israeli and U.S. election period. Consider what has happened over the past two weeks: #KOSPI and #Indonesia — Significant corrections. $DRAM and $SOXX — Semiconductor corrections. A substantial technical retest. Multiple risk assets — 𝗥𝗔𝗭𝗢𝗥-𝗧𝗛𝗜𝗡 𝗢𝗩𝗘𝗥𝗦𝗢𝗟𝗗 𝗖𝗢𝗡𝗗𝗜𝗧𝗜𝗢𝗡𝗦. 𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗛𝗔𝗩𝗘 𝗔𝗟𝗥𝗘𝗔𝗗𝗬 𝗣𝗔𝗜𝗗 𝗔 𝗛𝗘𝗔𝗩𝗬 𝗣𝗥𝗜𝗖𝗘. 🔹 𝗧𝗥𝗨𝗠𝗣, 𝗡𝗘𝗧𝗔𝗡𝗬𝗔𝗛𝗨 & 𝗧𝗛𝗘 𝗖𝗔𝗧𝗔𝗟𝗬𝗦𝗧 Trump has publicly expressed support for Netanyahu. The diplomatic environment surrounding the election period therefore deserves close attention. 𝗪𝗶𝗹𝗹 𝗪𝗮𝗹𝗹 𝗦𝘁𝗿𝗲𝗲𝘁, 𝗧𝗿𝘂𝗺𝗽, 𝗼𝗿 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗺𝗮𝗸𝗲𝗿𝘀 𝗿𝗲𝗮𝗹𝗹𝘆 𝗮𝗹𝗹𝗼𝘄 𝗮 𝟭𝟵𝟴𝟳-𝘀𝘁𝘆𝗹𝗲 𝗰𝗿𝗮𝘀𝗵 𝗷𝘂𝘀𝘁 𝗮𝗵𝗲𝗮𝗱 𝗼𝗳 𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗱𝗮𝘆𝘀? Those chartists and market furus calling for another Black Monday might want to reevaluate their charts, their assumptions, and perhaps their entire analytical framework. 𝗧𝗛𝗘 𝗖𝗥𝗢𝗪𝗗 𝗜𝗦 𝗣𝗥𝗘𝗣𝗔𝗥𝗜𝗡𝗚 𝗙𝗢𝗥 𝟭𝟵𝟴𝟳. 𝗜 𝗔𝗠 𝗣𝗥𝗘𝗣𝗔𝗥𝗜𝗡𝗚 𝗙𝗢𝗥 𝗧𝗛𝗘 𝗘𝗫𝗔𝗖𝗧 𝗢𝗣𝗣𝗢𝗦𝗜𝗧𝗘. A shift toward negotiations or de-escalation could rapidly change the energy-market narrative and support a recovery in global risk assets. 𝗠𝗬 𝗧𝗛𝗘𝗦𝗜𝗦: 𝗢𝗜𝗟 𝗧𝗢𝗣𝗦. 𝗚𝗘𝗢𝗣𝗢𝗟𝗜𝗧𝗜𝗖𝗔𝗟 𝗧𝗘𝗡𝗦𝗜𝗢𝗡𝗦 𝗘𝗔𝗦𝗘. 𝗘𝗤𝗨𝗜𝗧𝗜𝗘𝗦 𝗥𝗘𝗕𝗢𝗨𝗡𝗗. The next two weeks could be decisive. 𝗧𝗛𝗘 𝗖𝗛𝗔𝗥𝗧𝗦 𝗔𝗥𝗘 𝗔𝗟𝗥𝗘𝗔𝗗𝗬 𝗣𝗢𝗜𝗡𝗧𝗜𝗡𝗚 𝗧𝗢 𝗔 𝗧𝗨𝗥𝗡. 𝗡𝗢𝗪 𝗪𝗘 𝗪𝗔𝗧𝗖𝗛 𝗙𝗢𝗥 𝗧𝗛𝗘 𝗖𝗔𝗧𝗔𝗟𝗬𝗦𝗧.

ebitdasga

SOXX can’t be red 10 days in a row can it?

ebitdasga

So SOXX is really going to be red 10 days in a row? So much winning right before midterms

_ehwaz

Yeah I went short on SOXX two months ago and made loke