SMH (Semiconductor ETF) is in a Precarious Technical Position

In case you are not aware of it, the SMH (Semiconductor ETF) is in a very precarious technical position at the moment, as it tests its November 2016 up trendline AND its up-sloping 200 DMA. All eyes on the 99.30 to 97.92 support zone... Last is 99.30/31

4 20 18 SMH Day 2 PM GIF
4 20 18 SMH Day 2 PM GIF

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