The SOXX (semiconductor sector ETF) swing short trade has hit the first price target (T1) for a quick 1-day profit of 3% where the odds for a reaction are elevated before the next leg down. Previous & updated 60-minute chart below.
SOXX 60m Sept 30th
SOXX 60m Oct 1st
I’ve also reversed the /NQ shorts in my trading account as I have QQQ & /NQ falling to support here along with the semis. Only looking for a quick bounce trade then back short again.