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Technology Stocks : Semi Equipment Analysis
SOXX 295.15-2.3%Nov 11 4:00 PM EST

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kckip
To: Return to Sender who wrote (89052)9/27/2022 7:19:10 PM
From: Return to Sender1 Recommendation  Read Replies (1) of 95396
 
I just want to comment on my previous comment on the ZERO PnF Buy Signals for the SOX being the June 16 bottom. While this was true the SOX did not bottom until early July.

One other comment that I would like to add is that I listened to Chartmaster Carter Worth this afternoon who said that the S&P 500 is headed to 3000. What he had to say made perfect sense until he said that the SOX was at a lower low than it was in June?

youtube.com

I call foul on that! The SOX formed a doji today at a higher low as I will show on the following chart.. I guess it did hit a lower low intraday:



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