Semiconductors (SOX) Testing 200-Day

2:51 pm ETSOX (daily) w/ 200-day sma. To pivot down from the right shoulder with some confidence, I’d estimate SOX needs to move below $4824 or roughly -4% lower. SOX (daily) w/ 200-day SMA. This is as valid a H&S top as I’ve seen since the summer of 2023. Both price and volume are near…