It worked before, will it work now?Every time this index broke back above 30% the Nasdaq NASDAQ:IXIC ended its correction.
Will it happen again? I don't know, but I'm not betting against it.
Maybe #tech won't continue to lead as AMEX:XES and AMEX:XOP are the sectors leading right now and the Nasdaq has nothing in #energy.
But still, stocks like NASDAQ:DBX and NYSE:PSTG are still looking good.
Let's wait and see.