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VanEck Semiconductor ETF

SMH Bearish Divergences $smh

302
Finally ran out of steam and looks like the surge from NVDA was the blow of top.
It will take a considerable reversal in market sentiment to turn this around.
RSI had been warnings us with bearish divergences.
MACD and Histogram also rolling over.
Price levels for reversal marked on chart if $145 fails to hols as support.
Bullishcharts
Also on:
Chart PatternsHarmonic PatternsTrend Analysis

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Chart PatternsHarmonic PatternsTrend Analysis
Bullishcharts
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.