The McClellan index is also very bad and
the Hindenburg Omen signal came out for the second time today, following yesterday.
The spread warning is also on at a new high.
In addition, the current semiconductor market is in an adjustment phase, so there is a high possibility that it will enter an adjustment phase this week.
Now, whether the circulation will move to other sectors or whether everything will fall together, stock prices have continued to fall today in an overall downward trend. Foreigners sold heavily in the morning and then bought back some stocks in certain sectors in the afternoon, but it doesn't seem like a significant amount of money came in.
It can be seen as profit-taking ahead of the US-China negotiations, but personally, I don't think the results of the US-China negotiations will be very important for leading sectors.
If the results are bad, then it would be good to go into defense/gold
If the results are good, there is a possibility that stocks benefiting from Chinese substitutes could become risky.
Whether a deep adjustment will come or if it will just be a very short adjustment, we'll have to wait until this week passes to know.
