$SOXX $SMH back by popular demand—The Trampoline™️
Bulls gotta bounce here. This is the level. If semis can't hold this zone, we're in trouble. But if they do? Could be a violent snap-back.
Watch how $SMH reacts at this support. Clean bounce = continuation setup. Break below = pain trade lower.
Semis are the AI trade backbone. They hold, everything holds. Simple as that.
Bulls gotta bounce here. This is the level. If semis can't hold this zone, we're in trouble. But if they do? Could be a violent snap-back.
Watch how $SMH reacts at this support. Clean bounce = continuation setup. Break below = pain trade lower.
Semis are the AI trade backbone. They hold, everything holds. Simple as that.