VGT watch $710-729: Double Golden Zone should launch next LegVGT has been correcting like most of the tech sector.
Now launching out of a Double Golden zone $710.68-729.51
Look for a Break-n-Retest of upper boundary for long entries.
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See "Related Publications" for other examples of Golden Fibs at work ------->>>>>>>>>>>>
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VGT Post-Election Year ReturnsVanguard Information Tech ETF ( AMEX:VGT ) tends to consistently perform best in the year following a US Presidential Election. I believe given its track record, VGT could replicate the previous three post-election years. This would put the price at approximately $800 at the end of 2025.
Strategy:
Weekly Chart Looks Breakout StrongAI, interest rate cuts, and the 2024 presidential election in the United States will likely support another steady climb in large cap tech. One year target right around $610 is the measured move from the bottom of this weekly cup and handle to the upside. Any action to that price earlier than a year
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Displays a symbol's price movements over previous years to identify recurring trends.
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