As after-hours earnings illustrate, the semiconductor space continues to deteriorate.
![](https://slopeofhope.com/wp-content/uploads/2024/07/lscc-640x597.png)
![](https://slopeofhope.com/wp-content/uploads/2024/07/rmbs-640x537.png)
What needs to happen, and soon, is for the /ES to stop dickin’ around and break that trendline in a clear fashion.
![](https://slopeofhope.com/wp-content/uploads/2024/07/esssssss-640x342.png)
Incidentally, on the heels of the weekend Bitcoin love-fest, the Trump Bump is taking a Dump.
![](https://slopeofhope.com/wp-content/uploads/2024/07/btcodn-640x620.png)