The following are the pivot points for the Market Vectors Semiconductor (SMH). Pivot High: $243.77, Pivot Low: $237.54. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
