SOX just printed its biggest downside candle since the AI melt-up began. Momentum, rates and positioning are suddenly all turning at the same time.
Semis Finally BlinkSOX is finally showing signs of real stress after one of the most aggressive AI melt-ups ever seen. Momentum, positioning and rates are all starting to turn at the same time, just as semis remain priced for near perfection.SOX cracks
The last time this signal appeared, semis were about to enter a 16% drawdown.
SOXL is starting to teach a lot of “traders” the difference between momentum chasing and hoping to get back to breakeven.
SOX trading 62% above its 200dma, comparable only to the French market at the peak of the Mississippi Bubble and Nasdaq at the…
Hedge funds are 'all-in' on chips. See why Susquehanna and Goldman Sachs loaded up on the SOXX ETF as global exposure hits a…
KOSPI may now be turning from the leader of the AI melt-up into the market’s most important stress signal.
BofA technical strategist Paul Ciana flagged an all-time-high weekly RSI on the VanEck Semiconductor ETF this week. Seven prior…
