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poppop6

Passive investing piling into one sector $xlk

SPDR Select Sector Fund - Technology (AMEX:XLK)  
poppop6  
AMEX:XLK   SPDR Select Sector Fund - Technology
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Looks to me like everyone is piling into xlk. Look at the chart for $msft $aapl $amzn $nvda $nflx They all look virtually the same. No individual price discovery, just mob mentality. Be careful. all have negative RSI divergences. When everybody is on one side of the boat.....
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