“Stock Market & Crypto Analysis for Week Ending 9/18/26”
Avoid chasing SOXX immediately; a subsequent pullback with rising moving averages and price above the 50-day MA supports a bull thesis toward new highs.
Semiconductors have regained the lead here once again.
The semiconductor sector, in fact, is doing what we have been talking about over the past few weeks . This week we calculated the average of this data outside of the 20-day and 50-day moving averages.
Sorry , the 50-day moving average is different from the 20-day moving average . So now the 20-day moving average is flat, and it will start to rise on Monday because we are replacing this data with a new bar here.
The 50-day moving average will still need two or three days to stabilize.