Semiconductors on the Rise

All the cross-currents, etc., put aside, my pattern work in the Semiconductor HLDRs (AMEX: SMH) argues that the SMH completed its correction at this morning's low of 37.49 (off of the June 18 high at 38.48), and should turn up at just about any hour now, on the way to new highs in the vicinity of 39-40.