possible s/r flip into coninued downtrendState Street SPDR S&P Semiconductor ETFAMEX:XSDBhopJackLL from Jul acting as resistance so far. confluence with April HL as well. from mar 2025 lows to Jun 2026 high. Fib retracement places XSD currently at the golden zone between 0.65 and 0.616. Additionally, the 10 is starting to change is significance of its negative trend and so is the 50 SMA. The 200 SMA already looks bullish. But the MACD line has not started to diverge back into the 0 line, nor has the histogram reduced significantly in size or changed green. so EMAS are saying possible bullish, MACD is saying mostly bearish, Fibonacci is saying possible bull. Finally, the price action in the last 3 daily candles broke into a 2d lower low then into a 2u within its shortened range.