Analyzing Key Pivot Points for SMH | SMH Stock News

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May 09, 2025

The Market Vectors Semiconductor ETF (SMH, Financial) has established crucial pivot points, with the high set at $223.40 and the low at $218.66, as determined by the DeMark method. Traders often interpret surpassing the pivot high as a positive signal, suggesting upward momentum. Conversely, if the price dips below the pivot low, it is typically seen as a bearish indicator, signaling potential downward movement.

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