The Technology Sector $XLK is breaking out of a 15-month base relative to the S&P 500. pic.twitter.com/CE2qf1IkQZ — Alfonso (@AlfCharts) May 16, 2023 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The Technology sector broke out to a new 52-week high on an absolute basis today after cracking resistance around $150. Alfonso points out that […]
Chart of the Day – Wednesday, October 19th, 2022
$XLK – Bullish RSI divergence is cool….but you know what's cooler than being cool? Being above your June lows. pic.twitter.com/NWYTab3WIk — Larry Thompson, CPA (@HostileCharts) October 19, 2022 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). It’s a daily candlestick chart of the Technology sector ($XLK) over the past year. Tech represents more […]
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 […]
Chart of the Day – Monday, May 16th, 2022
Yo, Charts – ‘Nuff said pic.twitter.com/SXUP9JDCeb — da Chart Life (@daChartLife) May 16, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a ratio chart of the Energy sector vs. the Tech sector. The Energy sector continues to be the only place to hide, closing at multi-year highs on both an […]
Chart of the Day – Monday, April 18th, 2022
Energy vs. Tech $XLE vs. $XLK exceeded the March high on a closing basis; has not exceeded the intraday high yet (see smaller box). pic.twitter.com/1AkS537831 — Chris Ciovacco (@CiovaccoCapital) April 18, 2022 Today’s Chart of the Day was shared by Chris Ciovacco (@CiovaccoCapital). It’s a ratio chart of the Energy Sector vs. the Technology Sector […]
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