SPHB

SPHB is exhibiting a Stage 4 decline with active Support Failure and Post-Parabola Collapse patterns reinforcing accelerating downside. Price trades below its 9 and 21 EMAs in oversold territory, making immediate shorts unattractive. We will defer selling into rallies back toward the broken support zone and the 9/21 EMA region.

• ↑ETF rebounded ~3% as markets stabilized, highlighting recovery potential.
• ↑Tech exposure 44.2% and Industrials 15.4% positions SPHB for cyclic recovery.
• ↓Top holdings like AMD plunged 7–12% amid a semiconductor selloff.