
SEMIS AND BONDS AT INFLECTION POINTS; BONDS BECOME CORRELATED WITH AI TRADE; MUSK SHOWS FLYING ROADSTER
By Nigam Arora To gain an edge, this is what you need to know today. Inflection Points Please click here for a chart of leveraged semiconductor ETF (SOXL). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows that yesterday SOXL approached the low band of zone 3 (support) but did not touch it. The chart shows that yesterday SOXL rallied from the lows and closed near the day’s high. The chart shows that SOXL volume was heavy yesterday. The chart shows the nine day RSI reached 0.0, the most extreme oversold level






