Tuesday, April 24, 2012

Technology Sector Update

I'd like to compare Tech, Financials and Energy for you as well as sector rotation, but I want to get this out quickly, I'll add the others after.

 Tech 1 min, it ha been in line since yesterday mostly, look at the leading positive divergence, where did it start? The same place as AAPL's dip below yesterday' support and recovery.


 Tech 2 min -same divergence, same place

 the 5 min has been holding up, not confirming the downside move in Tech

Again, the important chart, the 15 minute, leading positive.

You know I've been looking for the Tech rotation, this is probably the last best chance for that to occur.

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