SOX long term

3 בנוב׳ 2018

Although I rarely trade the semis anymore, I always watch them as leading indicators for the rest of the market. Currently holding LRCX puts. A lot of bullish sediment this last week however the bulls are still yet to undo a lot of the technical damage done by the bears this year. On the chart I have highlighted some key areas to watch. Remember this is a monthly chart so trade accordingly.