Charting My Interruption (CMI): “Semiconductors at Important Juncture.”

Highlights

  • Not only are the popular averages at a critical juncture, but so too is the MOTR Semi Group.
  • Ranking a lowly 21 out of 27, and with only 26% in a medium-term uptrend (both conditions enduring despite the recent rally), the group has largely sat out of Tech's return to the top three sectors.
  • The good news is that nearly 90% of semis are in a short-term uptrend, and 64% are in a base of medium-term downtrend...so the stage is set. . .

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