The_Unwind

If Technology Stocks Are Rolling Over... Market is in Trouble

Short
AMEX:XLK   SPDR Select Sector Fund - Technology
The technology stocks have been the long time leader of this bull market.
As the chart of XLK, the S+P Technology SPDR shows,technology stocks,
like the bellwether FANG stock, including Apple
have clearly rolled over on the charts, and are bearish in trend.

Today the technology ETF is down yet another 2 %
If the market's leading aggressive group, is in trouble,
A simple question...

Where is the leadership going to be found,
to propel this market back to all time highs ..?

Thoughts and prayer's to those suffering from the destruction of the California wildfires,
as well as to the California bar room massacre victims, and their families.


THE_UNWIND
11/12/18 945 AM
NEW YORK

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.