BKX…held support @ 48 which matches up with the GS low of 112.77. Both these instruments need all new weakness under these levels for downside.

SOX & SMH…both are trying to put in ORH days.

JJG…for very long term investors, 46.60-90 is an area to consider getting some Long exposure.

In short, look for the banks and the Semi’s to lead a rally..