XLK is Coming Along Too

XLK is the Tech Sector, obviously not for me with AAPL exposure, but if it keeps building like this it will  be a very nice looking, high probability, low risk position, especially if you trade equity, maybe a leveraged long ETF like TECL.

 XLK 1 min is jumping off the chart, it has the prerequisite head fake move in place with a stronger 3C move at the area.

Here's the 3 min chart so it's migrating (the divergence) which means it is getting stronger.

One has to wonder what the overnight run up was all about, perhaps a trial run for a short squeeze gap up?