Trading Strategy – VanEck Vectors Semiconductor ETF

One of the noteworthy developments in recent days has been the move in semiconductors.  Northland Capital Markets lowers its rating to underperform from market perform for Intel shares.  The firm predicts Intel’s sales growth in its data center segment will drop to 20 percent in its third quarter and fall to 11 percent in its fourth quarter.  The VanEck Vectors Semiconductor ETF (SMH) fell 1.21 percent to 108.97, bringing its YTD gains down to 11.40 percent, outperformed the S&P by a wide margin.  Now the question is whether recent pullback is a pause that refreshes or it’s a beginning of something worse?  Below is an update look at a trade in SMH.

The graphic below is from our “U.S. Market Trading Map”, show the near-term technical bias and trading ranges.  As shown, the underlying is in a short-term bullish trend when the price bars are painted in green.  The underlying is in a short-term bearish trend when the price bars are painted in red. 

Chart 1.1 – VanEck Vectors Semiconductor ETF (weekly)

Our “U.S. Market Trading Map” painted SMH bars in red (sell) – see area ‘A’ in the chart. After a strong run of outperformance in early May, SMH peaked in early June and coiled into a tight trading range…Click here to read more.

You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.


This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?

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