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…

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