Semiconductor $SOXX Head & Shoulders Confirmed [LL3u4mxevob]
$SOXX ETF Head & Shoulders Pattern Confirmed on 15 Jul 2026. In a prior video, I posted an alert that the Semiconductor ETF $SOXX was forming a Head & Shoulders pattern on 14 Jul 2026. The pattern confirmed on the 15 Jul 2026 indicating a potential drawdown of 17% to 20%. ⏰Timeline Head & Shoulders Chart 00:00 Price Target Support & Resistance Levels Intraday 04:00 Trading Volume 05:00 Bearish Negative Divergence 5:31 Relative Strength PPO 5-Year Weekly Trend 06:34 Seasonality 07:11 $SOXX Holdings 08:15 Previous Examples $META - Meta 10:03 $JNJ - Johnson & Johnson 10:50 Final Comments 12:15 X: Watch my other videos on chart analysis here: Watch my videos for company earning previews and releases here: Watch my company review videos here: ☕️ Buy Me a Coffee at 📈 StockCharts: Start your FREE 1-month trial today at 👍 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! ❗️DISCLAIMER This video is for entertainment purposes only. Past performance is not indicative of future results. The Show Participants do not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not consider your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor.