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Dr_Roboto

Technology overextended since July 2020 & may go until November

SPDR Select Sector Fund - Technology (AMEX:XLK)  
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AMEX:XLK   SPDR Select Sector Fund - Technology
Trend Analysis Chart Patterns Wave Analysis XLK NASDAQ 100 CFD QQQ SPX (S&P 500 Index) DJI
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trendanalysis chartpattern waveanalysis xlk ndx qqq spx dji
This is about a simple as it get from a TA perspective. Tech broke the 2009 channel back and July 2020 and has not looked back since. Given its current strength and trajectory it could keep running all the way to November before we see another pullback. The air is really thin up here, but investors don't seem to care.

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