Buy-side activity returning to SMH's semiconductor sector is weak at best, and the strong, sudden rise needed to confirm a turn is not appearing; renewed selling in the coming days is the risk.

I'm currently inclined to look at the rotation through the SMH index, isn't that right? The semiconductor sector. If we look at purchasing activity , isn't that right? Buy-side activity to return to semiconductors is weak at best at this stage.

So, I think we need to see that strong, sudden rise, and we simply aren't seeing it. So, I wonder if we will dive back into more selling activity in the coming days.