iShares PHLX SOX Semiconductor
Investment Thesis
SOXX staged a powerful reversal candle on June 11 — bouncing +5.8% off intraday lows after three consecutive high-volume distribution sessions pulled it 15% off its 52-week peak. The golden cross remains intact, the SOXX/SPY relative strength ratio holds above both its 50- and 200-day MAs, and market breadth is quietly improving. The trend is your friend — until proven otherwise.
Why It May Work
Why It May Not Work
Timeline
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