Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Tuesday, December 12, 2017

XLK Technology ETF Still Ripping

The XLK has the most aggressive chart as it continues to honor its very steep 1.5 year extension channel shown in red below.



click on image to enlarge




The last jump was off the ascending pressure wedge but where it goes now is going to be trickier.  


Trade well my friends

Alan


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