SOX EW Analysis
· SOX wave structure looks like a double zigzag and a potential triple zigzag, which is a corrective pattern.
· SOX has multiple partially or fully open gaps.
· The open upside gaps and seemingly corrective downside structure raise the question of whether SOX has topped.
· In any case. I am looking down into the second week of September; then we will see if the rebound exhibits an impulsive or corrective wave structure.