“Semi” underperformance shows first signs of Technology stalling

This week has largely given way to a stalling out after the runup in recent weeks.  SPX and NASDAQ have largely gone sideways in recent days, and Technology looks to be at/near key resistance where consolidation is likely.  Near-term, it’s tough to conclude that Wednesday’s trading creates a top of any sort given that prices remain above prior days lows.  The current uptrend from mid-October, and from early November still looks to be pointed highe...

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