Arguments pro a bullish scenario in $SOX / $SOXL:
Contra arguments:
I can't see any significant arguments standing against the bullish case in $SOXL. If you have anything - please drop a comment below!
- We have reached the 78.6 % fib retracement in SOXL
- According to the seasonal chart from the last ten years (see the SEASONAX screenshot at the top), in 9 of 10 cases the $SOX had made a bullish move from the 17th of May until the 8th of June
- At some point, the semiconductor shortage must affect the prices ...
Contra arguments:
- $DXY is rising / interest rates are going up
- ... anything else?
I can't see any significant arguments standing against the bullish case in $SOXL. If you have anything - please drop a comment below!
交易進行:
Seems like SOXL as well as SOX has made a double-bottom, which could be the major trend reversal.
手動結束交易:
Okay, the low is still to find.
