sox update

im using the sox instead of the smh it just seems clearer to me looks like from the oct 14 top we are now in a wave iv of this first wave basically im looking for the sox to trade under 288 to provide some kind of a short term low and then a rally. this would complete wave 1 of this 5 wave down sequence which is going to end a 10 year bear imho in the semis. for info on ewave please refer to prechters elliott wave theory book its a classic unlike prechter i am just st bearish but lt very bullish fwiw g

im using the sox instead of the smh it just seems clearer to me
looks like from the oct 14 top we are now in a wave iv of this first wave
basically im looking for the sox to trade under 288 to provide some kind of a short term
low and then a rally.
this would complete wave 1 of this 5 wave down sequence which is going to end a 10 year
bear imho in the semis.
for info on ewave please refer to prechters elliott wave theory book its a classic

unlike prechter i am just st bearish but lt very bullish fwiw

g

that should have been we are in a wave v of the first wave down not a wave 4
wave 4 i believe has topped fwiw