Semiconductor (SOX) Update
2:36 p.m. ET As I wrote in last Wednesday’s Semiconductors (SOX) Testing 200-day in talking about my 3 favorite places to short a H&S top, I wrote, “To pivot down from the right shoulder with some confidence, I’d estimate SOX needs to move below $4824 or roughly -4% lower.” Wouldn’t you know it. SOX hit…