Tech at Key Support

08/04/2008 12:00 am EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst

As of the July 25th close, the five year uptrend in the S&P Information Technology Sector was being tested. The uptrend in the RS chart indicates that the tech sector has been outperforming the S&P 500 since mid-2006. A close above 380 would be bullish and close below 330 would be bearish.
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