Few if any sectors have been stronger than Semiconductors over the past 9 years. The table below highlights that SMH almost doubled the performance of the S&P 500since the 2009 lows. Softness this year has SMH testing rising support and this year’s lows at (1) above.
Read more at : https://www.investing.com/analysis/leadership-since-2009-lows-testing-strong-support-says-joe-friday-200348189
