Small Caps struggled to reclaim former channel support although a new - slower - channel looks to be in play. Note the struggle at the 20-day MA.
The semiconductor index is struggling even more
But even with these struggles bulls are back in the ascension. Can markets make new highs? And will Semiconductors join the fun?
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.