BigDGoesHard

$SOXX - Head & Shoulders Setting Up

做空
NASDAQ:SOXX   iShares Semiconductor ETF
First Fib - December 26, 2018 Lows to April 24, 2019 Highs
Second Fib - April 24, 2019 Highs to May 29, 2919 Lows

We can see a very clear neckline @ approx. $174.94. Assuming the width of the shoulders are perfectly symmetrical, we could see a break of the neckline within 28 days, however, Powell's rate cut decision will either accelerate/nullify this process..
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