EW Semis making new highs and new relative all-time highs..
EW Semi's moving higher on both an absolute and relative basis
possible 1/2 position march15 95P. add on second break $XSD $SOXX
looking at those puts, trading at 0.32 currently $XSD $SMH
another option position on lower low playing the trend. always nice to buy on a green day for slight discount $XSD $SMH $QQQ AH helped
We can see clearly in this x-ray of the major index of USA there is a clear evolution in the last 3 months, you can clearly identify two sides, One that of the winners, made up of sectors such as;; Kie ( insurers ) / ITA ( defense, aerospace ) / splrct ( tech s&p 500 ) , . and on the other , you can see the side of the losers, :: made up of sectors of :: kbe (...
As you can see, we are way above the mean. RSI has been OB for too long on the weekly chart... it is time for a retracement. I am not in trade yet, waiting a couple more days for confirmation.