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The Semiconductor Sector May Be Nearing A Meltdown

Source: seekingalpha.com

Market Technicals & FlowsDerivatives & VolatilityFutures & Options
The Semiconductor Sector May Be Nearing A Meltdown

The VanEck Semiconductor ETF is testing $500 support; a break could expose $480 and potentially $400. Put-option buildup and dominant put gamma are adding selling pressure and weakening the outlook for a near-term bounce.

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mildly negative

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