Technical Analysis is an art. It’s not an exact science.
Sure, we use a lot of computers and math as inputs to help piece together the overall puzzle. But it’s the interpretation of all that data that represents the art form.
That’s how I see it anyway.
And so we always like argue both sides and see which one has the highest probability of occurring.
How else can one properly have an unbiased view?
So here’s one look at the Semiconductor Index: [Read more…]