SMH-5-13-19

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SMH - perfectly follows the bearish count

In my previous update I wrote: “I have a meaningful 176.4% extension of the wave a down at 105.10 which is my next target for this move down.” This morning it has made a low at 105.40. On the chart below you can see that the price has tested 200 MA at 105.59 (the blue line). From here we may get a meaningful pullback up.

SMH - 240 min chart updated at 10-29 AM on 5/13/2019

Disclaimer

SMH-5-15-19
SMH-5-15-19
GET REGULAR MICRO UPDATES FOR ONLY $24.99/month SMH - nailed the target for this correction down In my previous update ...
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SMH-5-13-19
SMH-5-13-19
GET REGULAR MICRO UPDATES FOR ONLY $24.99/month SMH - perfectly follows the bearish count In my previous update I wrote: ...
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SMH-5-9-19
Price forecast for SM ETF updated on 5 May 2019 by castawaytrader.com
GET REGULAR MICRO UPDATES FOR ONLY $24.99/month SMH - perfectly follows the bearish count My RED Box nailed the very ...
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SMH-5-7-19
SMH-5-7-19
GET REGULAR MICRO UPDATES FOR ONLY $24.99/month SMH - started an expected drop in wave c down off the top ...
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SMH-4-30-19
SMH-4-30-19
GET REGULAR MICRO UPDATES FOR ONLY $24.99/month SMH - is closing a gap down in a corrective a-b-c up structure ...
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SMH-4-26-19
SMH-4-26-19
GET REGULAR MICRO UPDATES FOR ONLY $19.99/month SMH - the Red Target Box kills the rally The rally looks having ...
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SMH-4-25-19
SMH-4-25-19
GET REGULAR MICRO UPDATES FOR ONLY $19.99/month SMH - the Red Target Box holds In the previous update I wrote: ...
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SMH-4-12-19
SMH-4-12-19
SMH- no sign of topping yet I have been posting SMH micro charts to show you how robust the Harmonic ...
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SMH-4-4-19
SMH-4-4-19
SMH - consolidating before another push higher into the target box! On 1 April 2019 I posted a chart below ...
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SMH-3-20-19
SMH-3-20-19
SMH - may need another rally to a new high after this pullback SMH has been nicely following the legacy ...
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