Semiconductor Index forming a Head and Shoulders Top

The $SOX (semiconductor index) is forming a potential head and shoulders topping pattern..The index is still a few points away from triggering a sell signal around the 444 area but I wanted to post this chart now so that online traders can be prepared incase the $SOX index breaks below that level. Not only is the semiconductor index developing a bearish pattern but the index has also been much weaker than the overall market this year.. A great way to trade the semis is to trade the SMH...SMH are the semiconductor holders which represents a broad basket of semiconductor stocks.. If a sell signal is triggered, the downside objective for this trade is the 415 area...