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I am once again here asking if I'm the only person who thinks SOXX looks exactly like the beginning of the 2022 slide. As we speak it has failed to break above VWAP even with yesterday's absurd pump.
- RSI and MACD most obvious curl over since 2022
- Two largest red candles since 2022
- All of the underlying except NVDA look the same or worse
All we need is a catalyst, and there's a major rate cut decision in 4 trading sessions.