SOX Positive Gap Puts Range In Play

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Index Opening Gap SOX Trading Desk Read SOX (PHLX Semiconductor) opened with a measurable gap of 6.11%. The first read is whether that gap becomes accepted by intraday price action or fades back toward the prior close. SOX is near 11,302.99, with the session open at 11,085.96, previous close near 10,447.49, and the active daily change at 8.19%. A stronger investor-grade setup needs the M15 chart to agree with the daily structure, while the weekly chart defines whether the move is only a session adjustment or a broader allocation signal. Event type Opening gap Current model Sell Previous model Neutral Last 11,302.99 Open 11,085.96 Previous close 10,447.49 Opening gap 6.11%...