Consolidation time, SOX
Looks like a big drop coming. Uptrend broken and looks like we are in a diamond reversal pattern. Targeting the previous lows at least, and expecting sideways chop after that.
Note
Shorter term idea 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.