SOX Testing 200-Day

Here we are, right down to the wire. Since the last update the Philly Semiconductor Index (SOX -8%), which is currently set for its largest 1-day decline since the Covid crash of 2020, is testing its 200-day as expected. SOX (daily) and 200-day. It’s about $3.00 above the 200-day in an over $4700 index, so…