KLIC analysis across reports

Good for market. No entry here unless a retest.

Bounced off its prior pivot and shook out through the 10-week. This looks very constructive all though still wide & loose and would benefit from more time base building.

If you look to the left of the chart we haven't seen similar action to the last 2 weeks in over 10 months. Its not healthy. Does it mean we topped? Nobody knows but like everything else its a total avoid until it rebases, tightens up, or else rallies into declining MA's are shortable.