$XLK (Technology sector) - bearish bias.

XLK (Technology sector) - bearish bias. Prices has seen a pullback to 100ema on the daily chart where it should find support. (a further retrace to 200ema still possible). Wait for reversal confirmation if you are still planning to enter Tech plays such as TSLA, AAPL , AMZN, FB, BABA, MSFT ARKK
.
2 other Market sectors still have more room for UPSIDE!
.
If you like to see more analysis, do "like" and fill in comments "MORE", so that I know there are people interested, and I will post more info on other sectors!
.
Happy Trading and Investing!
Cheers!
.
#Charting #TechnicalAnalysis
#SectorRotationStrategy
#MarketPerformance
#Investment
#petersinguili
.
XLY XLE XLV XLI XLB XLRE SPY XME XOP TLT SPY QQQ