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Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST
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To: Return to Sender who wrote (71582)2/12/2016 6:09:02 PM
From: Return to Sender3 Recommendations

Recommended By
Donald Wennerstrom
Gottfried
Woody_Nickels

   of 95420
 
Not only was it not an 80 to 90% upside day but today's volume on the upswing did not outweigh yesterday's downside volume:

Major Market Indices on 6 Month Daily Charts versus the VIX (Fear Index) - Also included are the SOX/SMH and BKX because they are so important to the overall direction of the market. RSI (14) over 70 is overbought. Under 30 is oversold. Fear will generally be low while the market is moving steadily higher. Large spikes in the VIX often correspond with market bottoms.





No lasting uptrend will build from today's start in my humble opinion.

RtS
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