Tech Sector Breaks Out

03/04/2009 12:58 pm EST


Thomas Aspray

, Professional Trader & Analyst


The technology sector has been showing positive relative performance since early in the year after the downtrend was broken in January. The RS has now moved above two-year resistance, which is also a plus. Note the improving RS in 2008, which coincides with the bear market rally from March to May.

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