The US Stock Market Top & Bottom Timing Signals (EGTB) Signal model remains in ACTIVE bottom mode as volatility compression, leadership reassertion, and selective expansion continue beneath the index surface. No confirmed top conditions have emerged.

The latest EGTI Stock Market Weekly Trend Indicator update suggests the S&P 500 has recently re-entered a confirmed trend expansion phase, while semiconductor leadership through $SMH is entering accelerated territory. Although short-term overextension risks are rising, current market structure still favors continuation over transition.

This report introduces a slope-regime framework for interpreting semiconductor equities and broader bull markets through structural growth slopes, accelerated regimes, danger zones, and periodic market resets, arguing the present may resemble 1995 more than 2000.