SOXX (semiconductor ETF) is on watch as a potential short swing trade with an entry TBD. However, a break below the blue TL as well as a break below the 182.29 support would both offer objective entries. Although I am only passing this along as a trade setup (potential trade) as this time, I wanted to get the chart & targets out in advance just in case the potential powder key of the broad market as well as the semis move quick to trigger some of the potential sell signals that I’m on watch for. 60-min chart:
SOXX 60-min 2 March 4th