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Non-Tech : Kirk's Market Thoughts
COHR 131.56-0.3%9:30 AM EST
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To: George Statham who wrote (14144)7/11/2022 12:30:59 PM
From: Kirk ©1 Recommendation

Recommended By
berniel

   of 26395
 
Thanks. Two higher lows on that chart.

I wonder what the eWavers think of this $SOX chart:

It seems to have bounced off a 62% Fib level... but usually they look at high to lows not major top to major top... but if you look at how it took about two years to punch above the 2000 high in 2019, it seems a logical mental place to use.

But it wouldn't surprise me if it had to visit the 2020 high before bottoming.

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