$XLK (Technology sector) - bearish bias.
XLK (Technology sector) - bearish bias. Prices has seen a pullback to 100ema on the daily chart where it should find support. (a further retrace to 200ema still possible). Wait for reversal confirmation if you are still planning to enter Tech plays such as 
TSLA, 
AAPL , 
AMZN, 
FB, 
BABA, 
MSFT 
ARKK.
2 other Market sectors still have more room for UPSIDE!
.
If you like to see more analysis, do "like" and fill in comments "MORE", so that I know there are people interested, and I will post more info on other sectors!
.
Happy Trading and Investing!
Cheers!
.
#Charting #TechnicalAnalysis
#SectorRotationStrategy
#MarketPerformance
#Investment
#petersinguili
.
XLY 
XLE 
XLV 
XLI 
XLB 
XLRE 
SPY XME XOP 
TLT SPY 
QQQ
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💡Market Trends, Investment Cycles, Trade Ideas & Concept Setups using 𝐕𝐂𝐂𝐁 𝐏𝐎𝐖𝐄𝐑 𝐓𝐑𝐄𝐍𝐃 𝐒𝐘𝐒𝐓𝐄𝐌 (𝐏𝐓𝐒).
✪ x.com/petersinguili
✪ x.com/VCCBtrader
✪ Telegram Broadcast: t.me/VCCBtrader
✪ x.com/petersinguili
✪ x.com/VCCBtrader
✪ Telegram Broadcast: t.me/VCCBtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.