publication date: Jul 3, 2018
The Nasdaq Composite continues to stall at our long-term target area, and momentum continues to weaken. The Semiconductor ETF - SMH has been carving out a top pattern for a number of months as it trades around our target of $102. It has just started to break a 2-year uptrend and the monthly MACD - momentum indicator has crossed. We would be reducing exposure.
To gain access to the members only content click here to subscribe.
You will be given immediate access to premium content on the site.