SOXX - iShares Semiconductor ETF

Entered bear market territory, leverage-sensitive markets tend to crack first in a liquidity squeeze.

Burry is short SOXX as a pure form of overvaluation in an index, trading at double the multiple of broader tech and far above its long-term trend. He calls it the beginning of the end.

Engulfing reversal candle confirmed; Fibonacci target at $522; topping tails on weekly charts.

The semiconductor index has had a historic 246% run over 14 months, surpassing dotcom bubble peaks. The host believes it is too overextended and closer to the end of the rally than the beginning. SOXX fell 8% today and the drop is accelerating.

Soloway describes SOXX as being in 'uncharted bubble territory' and calls it the biggest bubble he has ever seen. He identifies a logarithmic trend line that the index is approaching but does not give a specific sell recommendation, instead urging caution and close monitoring.

SOXX is also showing a potential bearish reversal engulfing candle forming, though it hasn't confirmed yet. Gareth mentions trend lines that need to be watched for confirmation.

Hourly trendline broken, retesting into resistance at 'scene of the crime.' Logarithmic daily chart shows price at key resistance matching COVID-era trendline highs. Multiple breadcrumbs suggest a short-term top may be forming.

Hourly trendline broken, now retesting former support as resistance around $550. Multiple technical signals suggest a short-term top is forming after the 75% rally.

The semiconductor index showed a rare intraday reversal pattern (gapped up 2% then reversed down 2%+), which historically precedes massive upside swings of 9-40% over days to months. Suggested as a way to trade semiconductor stocks.

Identified as the main ETF for trading semiconductor stocks. Semiconductor sector facing extreme selling pressure with worst 2-day decline since October 2025.