Browse Stacks: Patterns: slopechart_XLK.jpg

XLK hasn't really taken a beating yet. In fact it just tapped against resistance yesterday (11/22). Over 50% of it is Apple/MSFT/Nvidia, so it will be the last of the funds to fall. I think we may see large money flowing into these starting early next week -- I'll be watching for a severely bloated entry point. May make for a good position to put out to Feb/Mar.