Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, December 31, 2015

XLK the Year's Leader Finally Showing Weakness

The XLK Technology Index has held up much better than the broad market which can easily be seen by comparing the upper chart in this post to the upper chart in the previous VTI post.

However, in the past couple of months it is finally showing signs of weakening as it continues to slip out of its two year red uphill channel.

Trade well my friends


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