As tech indexes rally, participation starts to wane

Most major technology stock indexes have been hitting new highs in recent days. A small warning is popping up in the percentage of members of these indexes that are holding above their 50-day averages, which has been declining over the past month. This kind of divergence has preceded some rocky markets for tech over the next 1-3 months.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.