$SMH - Hanging Man Versus Bullish Oscillator
$VanEck Semiconductor ETF(SMH)$ - Hanging Man Versus Bullish Oscillator
Usually a bearish candle, and the oscillator did not complete the move to oversold zone.
BUT the Bullish crossover in the oscillator PLUS the bullish crossover between 20 and 50DMA suggests that a bull leg is starting for semis.
A key level that must hold in October is $238.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NVIDIA Corp(NVDA)$ $SUPER MICRO COMPUTER INC(SMCI)$
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