$SMH is in a correction, not a broken larger trend. Price is pressing the lower side of a rising channel while MACD improves and RSI sits in the middle of its r

$SMH is in a correction, not a broken larger trend. Price is pressing the lower side of a rising channel while MACD improves and RSI sits in the middle of its range. Watch 580.57 for a reclaim toward 607.58; below 562.75, the setup loses structure. News: No material fund-specific release identified …