A mixed bag of action for indices - some finished slightly up, some slightly down - all on low volume. It wasn't really a day to get excited about anything. An index I haven't mentioned in a while is the Semiconductor Index. All key moving averages have converged once again after a period when it looked like the 20-day MA was about to do a runner. The index itself is struggling to get above these averages, but this is range bound between 4,400 and 5,450, and will remain so until one of these levels are breached. Because of its relative position to the averages, you could call this a 'glass half full' and edge bearish on the outlook.