Head and Shoulders Top for Semiconductors?

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how the action so far in Q3 could be forming a potential head-and-shoulders pattern for semiconductors!

See Dave’s chart comparing Bullish Percent Indexes for $SPX vs. $NDX here.

This video originally premiered on August 14, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.