With that semi shortage supposinngly lasting years isn't this sector just ripe for continous new highs and the Transports.... they were on a complete tear to the upside for months and now seeing the diverge from the overall markets trending lower the last 2 months as the markets have trended higher has become questionable. Same being said for the small caps.
%% Most likely; sorry IWM looks like its going down from FEB/mar. 50dma can be a buy , but Stock Traders Almanac has sucha strong summer sell off, most longs will hunt for greener pastures. However i may consider a buy in OCT, if price confirms + it starts getting close to SPY,qqq % gain in oct or NOV..................................................