Goldfish80 personal page - To The Moon

Goldfish80

No personal profile

1Follow

0Followers

0Topic

0Badge

2025-12-28

X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR

Chip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally

2023-05-24

$Grab Holdings(GRAB)$

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4130295393695812","uuid":"4130295393695812","gmtCreate":1667195018163,"gmtModify":1667195018163,"name":"Goldfish80","pinyin":"goldfish80","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","hatId":"ca_profile_frame_DWr5S1","hatName":"","vip":1,"status":2,"fanSize":0,"headSize":1,"tweetSize":0,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.07.30","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.06","exceedPercentage":"93.46%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.30","exceedPercentage":"93.23%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.01.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.04","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":515601046024504,"gmtCreate":1766906811808,"gmtModify":1766913802454,"author":{"id":"4130295393695812","authorId":"4130295393695812","name":"Goldfish80","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4130295393695812","authorIdStr":"4130295393695812"},"themes":[],"title":"","htmlText":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","listText":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","text":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/515601046024504","repostId":"1176748085","repostType":2,"repost":{"id":"1176748085","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1766889000,"share":"https://ttm.financial/m/news/1176748085?lang=en_US&edition=fundamental","pubTime":"2025-12-28 10:30","market":"us","language":"en","title":"Chip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1176748085","media":"Dow Jones","summary":"The ‘SOX’ chart is showing a bearish technical divergence pattern that has tended to precede big rallies.","content":"<html><head></head><body><p>There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.</p><p style=\"text-align: start;\">Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.</p><p>The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.</p><p>For the <a href=\"https://laohu8.com/S/SOX\">PHLX Semiconductor Index</a>, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the <a href=\"https://laohu8.com/S/SOXX\">iShares Semiconductor ETF</a>.</p><p style=\"text-align: start;\">But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.</p><p style=\"text-align: start;\">On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3626c0c051be96e23624d204159b2e1f\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Basically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.</p><p style=\"text-align: start;\">However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”</p><p style=\"text-align: start;\">Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”</p><p style=\"text-align: start;\">Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&amp;P 500 index advanced 17.9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/acf363967b1c7b4ae46585e307208db3\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p>Wald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.</p><p style=\"text-align: start;\">Meanwhile, it looks like that has already happened, and then some.</p><p style=\"text-align: start;\">The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.</p><p style=\"text-align: start;\">The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a03cfa8af466e13b5e06e786ec797775\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p>The only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.</p><p style=\"text-align: start;\">Here’s where the current technical makeup is similar to those prior occurrences.</p><p style=\"text-align: start;\">A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/beb199d1070a5fc853560e8562f70dee\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">The SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.</p><p style=\"text-align: start;\">And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a69d2021ddc3eefc4e8110806cc6bbf5\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Meanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.</p><p style=\"text-align: start;\">Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-28 10:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.</p><p style=\"text-align: start;\">Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.</p><p>The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.</p><p>For the <a href=\"https://laohu8.com/S/SOX\">PHLX Semiconductor Index</a>, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the <a href=\"https://laohu8.com/S/SOXX\">iShares Semiconductor ETF</a>.</p><p style=\"text-align: start;\">But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.</p><p style=\"text-align: start;\">On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3626c0c051be96e23624d204159b2e1f\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Basically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.</p><p style=\"text-align: start;\">However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”</p><p style=\"text-align: start;\">Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”</p><p style=\"text-align: start;\">Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&amp;P 500 index advanced 17.9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/acf363967b1c7b4ae46585e307208db3\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p>Wald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.</p><p style=\"text-align: start;\">Meanwhile, it looks like that has already happened, and then some.</p><p style=\"text-align: start;\">The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.</p><p style=\"text-align: start;\">The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a03cfa8af466e13b5e06e786ec797775\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p>The only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.</p><p style=\"text-align: start;\">Here’s where the current technical makeup is similar to those prior occurrences.</p><p style=\"text-align: start;\">A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/beb199d1070a5fc853560e8562f70dee\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">The SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.</p><p style=\"text-align: start;\">And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a69d2021ddc3eefc4e8110806cc6bbf5\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Meanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.</p><p style=\"text-align: start;\">Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOX":"费城半导体指数","SOXX":"iShares费城交易所半导体ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176748085","content_text":"There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.For the PHLX Semiconductor Index, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the iShares Semiconductor ETF.But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.Photo: FactSet, MarketWatchBasically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&P 500 index advanced 17.9%.Photo: FactSet, MarketWatchWald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.Meanwhile, it looks like that has already happened, and then some.The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.Photo: FactSet, MarketWatchThe only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.Here’s where the current technical makeup is similar to those prior occurrences.A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.Photo: FactSet, MarketWatchThe SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.Photo: FactSet, MarketWatchMeanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.","news_type":1,"symbols_score_info":{"SOX":2,"SOXX":2}},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970475490,"gmtCreate":1684902093711,"gmtModify":1684905043097,"author":{"id":"4130295393695812","authorId":"4130295393695812","name":"Goldfish80","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4130295393695812","authorIdStr":"4130295393695812"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a>&nbsp; &nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a>&nbsp; &nbsp;","text":"$Grab Holdings(GRAB)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970475490","isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":515601046024504,"gmtCreate":1766906811808,"gmtModify":1766913802454,"author":{"id":"4130295393695812","authorId":"4130295393695812","name":"Goldfish80","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4130295393695812","authorIdStr":"4130295393695812"},"themes":[],"title":"","htmlText":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","listText":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","text":"X777 dad and see and dßs's7777 cc c cc pc cc cook p cc xx go cc pasqq sopld SSR","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/515601046024504","repostId":"1176748085","repostType":2,"repost":{"id":"1176748085","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1766889000,"share":"https://ttm.financial/m/news/1176748085?lang=en_US&edition=fundamental","pubTime":"2025-12-28 10:30","market":"us","language":"en","title":"Chip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1176748085","media":"Dow Jones","summary":"The ‘SOX’ chart is showing a bearish technical divergence pattern that has tended to precede big rallies.","content":"<html><head></head><body><p>There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.</p><p style=\"text-align: start;\">Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.</p><p>The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.</p><p>For the <a href=\"https://laohu8.com/S/SOX\">PHLX Semiconductor Index</a>, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the <a href=\"https://laohu8.com/S/SOXX\">iShares Semiconductor ETF</a>.</p><p style=\"text-align: start;\">But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.</p><p style=\"text-align: start;\">On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3626c0c051be96e23624d204159b2e1f\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Basically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.</p><p style=\"text-align: start;\">However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”</p><p style=\"text-align: start;\">Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”</p><p style=\"text-align: start;\">Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&amp;P 500 index advanced 17.9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/acf363967b1c7b4ae46585e307208db3\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p>Wald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.</p><p style=\"text-align: start;\">Meanwhile, it looks like that has already happened, and then some.</p><p style=\"text-align: start;\">The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.</p><p style=\"text-align: start;\">The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a03cfa8af466e13b5e06e786ec797775\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p>The only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.</p><p style=\"text-align: start;\">Here’s where the current technical makeup is similar to those prior occurrences.</p><p style=\"text-align: start;\">A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/beb199d1070a5fc853560e8562f70dee\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">The SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.</p><p style=\"text-align: start;\">And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a69d2021ddc3eefc4e8110806cc6bbf5\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Meanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.</p><p style=\"text-align: start;\">Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChip Sector’s Gains Are Fading, but Charts Say Bulls May Just Be Resting up for a Big Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-28 10:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.</p><p style=\"text-align: start;\">Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.</p><p>The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.</p><p>For the <a href=\"https://laohu8.com/S/SOX\">PHLX Semiconductor Index</a>, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the <a href=\"https://laohu8.com/S/SOXX\">iShares Semiconductor ETF</a>.</p><p style=\"text-align: start;\">But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.</p><p style=\"text-align: start;\">On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3626c0c051be96e23624d204159b2e1f\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Basically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.</p><p style=\"text-align: start;\">However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”</p><p style=\"text-align: start;\">Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”</p><p style=\"text-align: start;\">Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&amp;P 500 index advanced 17.9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/acf363967b1c7b4ae46585e307208db3\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p>Wald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.</p><p style=\"text-align: start;\">Meanwhile, it looks like that has already happened, and then some.</p><p style=\"text-align: start;\">The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.</p><p style=\"text-align: start;\">The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a03cfa8af466e13b5e06e786ec797775\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"498\"/><span>Photo: FactSet, MarketWatch</span></p><p>The only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.</p><p style=\"text-align: start;\">Here’s where the current technical makeup is similar to those prior occurrences.</p><p style=\"text-align: start;\">A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/beb199d1070a5fc853560e8562f70dee\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">The SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.</p><p style=\"text-align: start;\">And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a69d2021ddc3eefc4e8110806cc6bbf5\" alt=\"Photo: FactSet, MarketWatch\" title=\"Photo: FactSet, MarketWatch\" tg-width=\"700\" tg-height=\"500\"/><span>Photo: FactSet, MarketWatch</span></p><p style=\"text-align: start;\">Meanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.</p><p style=\"text-align: start;\">Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOX":"费城半导体指数","SOXX":"iShares费城交易所半导体ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176748085","content_text":"There are some technical signs that on the surface suggest chip-sector bulls may be running out of steam and that it wouldn’t take much for bears to take control of the trend. But, looking a little deeper, bulls appear to be taking a breather as they gear up for a big push higher next year.Previous similar technical makeups, while rare, indicate that the next leg up could last deep into 2026, and perhaps even accelerate in the latter half. But past behavior doesn’t always repeat, so investors should keep a close eye on the charts.The message of chip-sector weakness is coming from what chart watchers refer to as bearish technical divergence, which is when prices continue to trend higher while a widely followed momentum indicator starts trending lower.For the PHLX Semiconductor Index, prices are still making higher highs, as the Oct. 29 record close of 7,327.93 was followed by an even higher record of 7,467.49 on Dec. 10. The “SOX” is made up of 30 stocks of semiconductor manufacturers and companies that provide related equipment and services. It is tracked by the iShares Semiconductor ETF.But the relative-strength index, which many technicians use to gauge the speed of price movement, has fallen from a close of 70.39 on Oct. 29 to 65.62 on Dec. 10. That lower high in RSI came after it had already fallen from a peak of 81.62 on Oct. 6 — RSI readings above 70 imply an overbought technical condition — which was the highest reading since the 82.07 print on Jan. 14, 2021. Overbought readings occur when rallies exceed historical norms.On Wednesday, the SOX closed at 7,204.37, and the RSI was at 55.46.Photo: FactSet, MarketWatchBasically, the charts are warning that momentum is waning, and each price gain for the SOX is taking more out of bulls. Ari Wald, head of technical analysis at Oppenheimer, said high RSI readings, even when they are in overbought territory, indicate that price is accelerating, while bearish divergences indicate price is decelerating and at risk of reversing course.However, Wald wrote in emailed comments to MarketWatch, he believes divergences are more compelling “if there’s additional evidence that warns of a reversal, for instance, if price is moderating at a key resistance level and losing relative strength.”Currently, Wald doesn’t believe that’s the case for the SOX, he said, as he sides with the “positive trend and bullish relative strength the [semiconductor] industry has exhibited.”Keep in mind the Wall Street axiom that there’s nothing more bullish than a record high, and the SOX has reached multiple record highs despite concerns that an artificial-intelligence bubble may have started the process of deflating. By relative strength, Wald was referring to how much better the SOX has performed than the broader market, as it ran up 44.7% in 2025 through Wednesday, while the S&P 500 index advanced 17.9%.Photo: FactSet, MarketWatchWald said he believes the RSI’s pullback only shows that the chip sector is undergoing a “time correction,” which he described as the removal of “prior excesses” with prices moving sideways for an extended period. That allows technical indicators, such as moving averages, to catch up to prices.Meanwhile, it looks like that has already happened, and then some.The SOX’s 50-day moving average, which is a closely followed short-term trend tracker, has recently climbed farther above its 200-day moving average — a key long-term trend tracker — than it has in years. And it has made similar moves only a few times in the past 30 years.The 50-DMA was 24.2% above the 200-DMA on Dec. 11, the widest margin since it reached that level in mid-February of 2021, according to a MarketWatch analysis of FactSet data.Photo: FactSet, MarketWatchThe only other times in the past 30 years that the 50-DMA was more than 24% above the 200-DMA was from Jan. 22, 1999, to April 19, 1999 — it peaked at 33.4% above on March 2, 1999 — and from Dec. 31, 1999, to June 29, 2000 — it was as much as 55% above on April 12, 2000.Here’s where the current technical makeup is similar to those prior occurrences.A month before the last time the 50-DMA was more than 24% above the 200-DMA, the SOX’s RSI had reached an overbought extreme on Jan. 14, 2021 (see above), then made subsequent lower highs even as prices made higher highs to a then-record close on April 5. Then following a brief “time correction,” the SOX resumed its rally to post a 41.2% gain for 2021, which included a 21.1% fourth-quarter surge.Photo: FactSet, MarketWatchThe SOX did suffer a bear-market 35.8% plunge in 2022. But that selloff didn’t start until nearly a year after the 50-DMA had peaked above the 200-DMA during a time of bearish technical divergence, similar to what’s happening now.And after RSI reached an overbought extreme of 84.89 on Nov. 23, 1998, RSI started trending lower while prices kept rising, and the 50-DMA rose well above the 200-DMA. After another “time correction,” in which the SOX was little changed for the first several months of 1999, the SOX started taking off in early June. It rocketed 101% in 1999, including a 41.2% climb in the fourth quarter of that year.Photo: FactSet, MarketWatchMeanwhile, the next period when the 50-DMA was far above the 200-DMA, during the first half of 2000, was not only marked by lower highs in RSI but also lower highs in price. That was the sign that the dot-com bubble was bursting. Again, keep in mind that the SOX had peaked in March 2000, about a year after the SOX exhibited a similar technical makeup as it is now.Those examples suggests the SOX can still rally quite a bit, and for quite a while. But keep an eye out for those lower price highs.","news_type":1,"symbols_score_info":{"SOX":2,"SOXX":2}},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970475490,"gmtCreate":1684902093711,"gmtModify":1684905043097,"author":{"id":"4130295393695812","authorId":"4130295393695812","name":"Goldfish80","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4130295393695812","authorIdStr":"4130295393695812"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a>&nbsp; &nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a>&nbsp; &nbsp;","text":"$Grab Holdings(GRAB)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970475490","isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}