Semi Leadership Intact

Well folks, they never make it easy do they?  As of now the SOX is firm as apparently the Intel hype could not break the chart (though it did put a dent in it with the downside over throw).

sox.spx

I had been holding a preferred chip company through what was a paper loss yesterday, per chart tolerances laid out in the weekend report.  Also added was another specialty chip maker (read: small, efficient, mobile) at a level noted in an NFTRH+ update.  I am also interested in the Equipment sector but have not bought yet.

Anyway, here is the nominal SOX.  It is the weekly chart we have been using in NFTRH.  It thus far shows an intact uptrend with a test of a key moving average.

sox.wk

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Also, you can follow @BiiwiiNFTRH.