Wednesday, December 09, 2009

Did you know that........ SOX just made year highs??

You know some techs stocks and subsectors tend to be leaders and anticipate moves for the broad market. Despite the recent drop in most indices, what SOX is doing called my attention. It may be driven by S rally today but in any case the formation is clear enough to keep an eye on it.

SPX-purple line
SOX- red-green line