Technology is a good place to be long right now
It is worth advising over the past 6months Technology has been the second best sector following Consumer Cyclical (+13.97%).
Over the 3month TF Tech has been in 4th place (+26.41%) now & likewise on the 1month TF 4th place (+6.3%).
However on the 1week TF technology has been the worst performer (-0.94%) of all *ironically while financials and industrial are in the top 2 (very bullish for the indices as a whole).
Over the 3month TF Tech has been in 4th place (+26.41%) now & likewise on the 1month TF 4th place (+6.3%).
However on the 1week TF technology has been the worst performer (-0.94%) of all *ironically while financials and industrial are in the top 2 (very bullish for the indices as a whole).