Jack’s Setup in SMH 5/6/2019
This was truly a unique week in the markets, as it was the worst week in the markets this year. Hard to avoid the drama. Semi’s have continued to get hit and after what turned out to be some “false positives” for the bulls this week, we are actually closing below the 50sma. A rough week for sure, but I still have a bullish bias towards AMD and INTC.