[UNLOCKED] – SOXX / Semiconductors Forecast
The chart included here is the Semiconductors Index. This forecast can also be directly applied to the SOXX ETF, SMH ETF, and the leveraged SOXL ETF.
Traders and investors should expect continued choppy price action into the 1st week of April. The EquiPredict forecast and blue wave “agree” on genuine bullish bias starting on and around 4/8 and lasting until the last week of June, possibly into mid July.
Note: The EP model does not forecast magnitude of the move (size or price target), only behavior and character of the underlying equity’s price action.
