It Looked Broken. Then It Gapped Higher.

The kind of move that forces you to act — even when it doesn’t make sense.

Semiconductors just pulled off a false breakdown — and now it’s time to act.

Most great trades don’t start with conviction. They start with confusion.

That’s where we are with $SMH — the Semiconductor ETF.

It broke support. Looked terrible. Then it gapped higher, right back above the breakdown level. That’s not weakness. That’s strength in disguise.
That’s a false breakdown with a gap reversal — and it’s one of the strongest patterns we track.