SPDR S&P 500 (SPY): Considering the theory that semi conduct...

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Tuesday, 08/23/2016 8:55:37 AM

Tuesday, August 23, 2016 8:55:37 AM

Considering the theory that semi conductors are a leading indicator, I started pulling up some semi conductor charts. Hadn't done this in a while. SMH and SOX specifically.

Sure looks like they've lead the way... Sure looks like they are pointing to future ATHs this fall.

http://stockcharts.com/h-sc/ui

http://stockcharts.com/h-sc/ui

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