PHLX Semiconductor Index update

The Philadelphia Semiconductor Index (SOX) today has crossed from below to above our long term Trend Investing benchmark. The next major area of resistance is $1,914 shown on the stock chart below. This industry index joins the Nasdaq 100 Index (NDX), The Gold Miners Index (GDM), and several others, in the Long Term Bullish category.

Blog comments welcome.

Semiconductor Index (SOX)

Published by Trendanomics

Trend investing the markets with simple trend following strategies.

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