
SAN FRANCISCO (MarketWatch) -- Semiconductor sales in the Asia-Pacific region jumped in July, outpacing other regions and the overall market, according to the Semiconductor Industry Association.
With NDX holding 1842.25 (61.8% Jul/Aug, 1846 for NQ), this news could set up a bounce tomorrow if oil can manage to stay at or below 110. However, the move back up above the trendline needs to be quick and on volume. Resistance will be 1867/1869.
Another note on Septembers: no one seems to recall that the month was up in 2004, 2005, 2006 and 2007...I don't expect it to be so this year, but it'sĀ another reason to shut off the general media.
Google "Chrome", pretty fast: link.
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