BATS:SMH   VANECK VECTORS SEMICONDUCTOR ETF
96 0 0
Yellow Line is previous support from 2009             --Thick Blue lines show lower highs, higher lows ( SYM             TRI             )
Thin Blue line shows medium-term support -- Two H/S (one with a purple wedge kicker)
Possible HS forming now-- With a possible double bottom in play, and re-testing it's breakout currently

For the SYM             TRI             to be valid, it would make more sense for a current test of double bottom , the outcome putting SMH             at the top of SYM             TRI             line. A valid H/S would prove SYM             TRI             break to downside with only two touches to the top line. Either could play out, but it's worth noting that SMH             has been responsive to H/S patterns since 2011
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