Semiconductors' recent strength may be like moth to a flame - with resistance at broken trendline

I prepared a chart about the semiconductor sector ($SOX) for my UBTNB3 site, and once I was done I decided to also post it here. After extracting some trendlines based on the monthly chart (below), it looked like this index has returned to "kiss-back" up to a parallel line within a larger downtrending fork. Doesn't mean it couldn't break that resistance, but it should run into some rougher sledding as it's getting back to moving average resistance too. There may be another downsloping line that could be a target, drawn beginning at the late 2007 swing high and steeply angling down; if that's a magnet then price could either poke above the fork midline, or could bounce around for a while as it uses time as a way to get to where those lines intersect later in time. Then again, clearing above both these lines would put the semis into a more bullish mode.

Actually I made a typo in my notes on this chart. That trendline was not broken early 2008, it was touched then. It broke that trendline (t/l) in late 2008. Now it looks like it's at the kissback level to it.