cerealpatterns

this is what is tanking tech, and the market

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NASDAQ:NQUSL10102010   Nasdaq US Large Cap Semiconductors Index
its really plain that this chart is not bullish. the last time we retraced over half a bounce we fell to the lows and made new lows. that means new lows for the broader market. i see an upside of 4% and a downside of 11%. i like selling any rip on large cap semiconductors by buying soxs.

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