VanEck Semiconductor ETF
Short
Aggiornato

SMH breaks though support on increasing volume

86
SMH opened up selling off and continued to sell off through multiple periods.

  • Broke through support
  • Continued selling through multiple periods
  • Increasing volume while selling
  • Broke current upward trend its been on since May


Expect to see more selling to come
Nota
- The day after created a huge rally which gave a strong impression that the downward trend had changed.
- Today, that proved to be a false breakout and the entire day was spent selling off back down to the levels it was when this post was created.
- After are currently showing more selling to come.

- We have entered into early August which can be the beginning of a market sell off with September generally being a bad market month

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.