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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST
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To: Donald Wennerstrom who wrote (76672)8/11/2017 8:07:25 PM
From: Donald Wennerstrom3 Recommendations

Recommended By
Gottfried
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The Ox

   of 95525
 
OK, Let me try this again.

This is an upgrade of a previous chart posted on 3 February 2016 when the SPX was in a downtrend.

http://www.siliconinvestor.com/readmsg.aspx?msgid=30440188

The entire chart from the reference is not repeated, but some notes are added to the chart below in the extension area which is about 18 months. Shortly after the previous chart was posted, the downtrend in 2016 was reversed and the uptrend continued which had started in February 2009. The present uptrend is now about 8 and 1/2 years old. At the moment, the market is presently "working" on the August month. The last red bar shows the "dip" so far up to today, 11 August. How the bar ends will have to wait until the end of the month.

From the low values set in Jan/Feb 2016, the SPX is up over 600 points to 2441.32 as of today.

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