The market’s leading sector, Semiconductors, SMH, closed the week below its prior week after trading at all-time highs. This is the second week in the last four that this key reversal pattern has shown up. When this pattern follows through (trades lower through significant support), it can indicate a significant top is in place for at least weeks. The patterns and our Real Motion momentum indicator with an early cautionary reading are illustrated on the
This content is for Premium subscribers only. Please register or click here to login.