SOX -- Semiconductor Index

5/20/2019 03:06:00 PM........................author:blue light

SOX -- Semiconductor Index -- TF = monthly -- [long-term-view and perspective]


Alert !! Bearish Engulfing. The Technology sector-Semiconductor sector have been and will be impacted severely by the US-China trade-war disputes. It was very critical for the US markets to see a US and China trade-deal being successful as they had fully priced that in the markets. - But it was NOT, and instead we had huge escalation and the increased tariffs from 10% to 25%.
[SOXS = 3x Short]  [SOXL = 3x Long]