Renewed leadership from Tech would be huge. This is one of the most important charts out there $XLK $SPX pic.twitter.com/GE6pzPa5y9 — Austin Harrison, CFA, CMT (@meanstoatrend) November 6, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). It’s a ratio chart of the Technology sector vs. the S&P 500. Technology was the […]
Chart of the Day – Wednesday, September 6, 2023
Tech is at significant resistance and entering a period of seasonal weakness. None of this guarantees an impending decline, and no prediction is being made (not by me anyway). Still, it seems like a good time to be paying close attention. @sentimentrader pic.twitter.com/17EBkIacGG — Jay Kaeppel (@jaykaeppel) September 6, 2023 Today’s Chart of the Day […]
Chart of the Day – Monday, August 21, 2023
Tech bouncing right at support the past two days, but XLK will need to reclaim $175 for it to mean much pic.twitter.com/g3IP9PjlFA — Scott Brown, CMT (@scottcharts) August 21, 2023 Today’s Chart of the Day was shared by Scott Brown (@scottcharts). Tech ($XLK) was the strongest sector last week, and it led again today. You […]
Chart of the Day – Thursday, August 11, 2023
If Tech stocks $XLK can't hold its current level, we may be facing an additional 8-10% decline. Doesn't seem unreasonable considering their gains this year. pic.twitter.com/OWeFCCfp5w — John Rothe, CMT (@JohnRothe) August 11, 2023 Today’s Chart of the Day was shared by John Rothe (@JohnRothe). Technology ($XLK) was the weakest sector today and this week. […]
Chart of the Day – Thursday, September 15th, 2022
$XLK vs. $SPX – Making new lows. $XLK makes up ~26% of the S&P 500. We have not seen these levels since June 2021. pic.twitter.com/uOmnI9Z1FB — Larry Thompson, CPA (@HostileCharts) September 15, 2022 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). It’s a ratio chart of the Technology Sector relative to the […]
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