Tech-Industry Group

I have mentioned often that the primary driver of any given stock on any given day is market directionality, the second most influential force is Industry directionality or rotation. As Tech broke down, at the exact same time we saw weakness in GOOG and AAPL.

 Tech, not quite there yet, we want to see a break below support first in the $30.60 area.


 AAPL's momentum has faded, it's open to a reversal, breaking support levels will cause downside momentum to pick up.

At the same time GOOG turned down from its triangle head fake breakout.