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Alphahunter07

XLK Tech sector ETF, broke the 200 day moving Average downtrend,

SPDR Select Sector Fund - Technology (AMEX:XLK)  
Alphahunter07  
AMEX:XLK   SPDR Select Sector Fund - Technology
Trend Analysis Chart Patterns XLK xlkshort xlkanalysis xlklong
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trendanalysis chartpattern xlk xlkshort xlkanalysis xlklong
XLK Tech sector ETF, broke the 200 day moving Average downtrend, does this marks the end of the downtrend, and start of a new Bull run?

To answer this question we will have to see how this trends in weeks ahead


Tech growth is still slowing
Higher multiples are difficult to justify
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