the 4 hr is at critical .5 level and oversold stoch

71
fib of bounce gives us about 50% retracement if there is some recovery to tighten in range we could look back up at 22.23-22.48 setting a daily higher low if market decides to gap up friday. if vwma keeps rising and trama flattens out we will have a bounce in semis. if these indicators keep bearish divergence we are likely continuing lower in broader markets. $23 is still a critical level for this trade. $20.96 is the next level if we continue this pop down. semis started this correction only they can get it out.

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