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On 5th of September the Dow Jones Industrial Average, S&P 500 and the US Tech indexes broke a monthlong wide trading range to the upside and meanwhile they are back at their alltime-highs. And if we consider the current economic news and the China tarrifs situation, then we have to raise eyebrows, how many Chip Stocks, which are regarded as highly cyclical, have positively digested and even outperformed in the usually always very difficult months of August and September.

Today I would like to take a closer look at the inner strength of these Chip Stocks, which has been apparent for some time now. And well..., if you ever allow me a preliminary conclusion: This party is likely to continue quite a long time and should soon get another push that many bears will caught off guard.


The last time we looked at the Semi`s regarding possible future developments and with the help of the SOXL ETF, was on June 30th within Free GUNNER24 Forecasts: „Do Semi`s smell a positive China tariffs resolution?!“...




Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
NQ 100G24UpG24Downnone1522838240G24UpG24Downnone1522838622G24UpG24Downnone1568061438G24UpG24Downnone1568909160
Last Update: 2019-09-19 18:06 CEST
Recently updated: NQ 100 4 Hour
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