Tech Pullback Could be Nearing its End

Markets ETF Trends

Underscoring the recent weakness in the technology sector, the Technology Select Sector SPDR (NYSEArca:XLK), the largest technology exchange traded fund by assets, is lower by 4% over the past month while the tech-heavy PowerShares QQQ (NASDAQ: QQQ) is off by nearly the same amount during that stretch. However, some market observers and technical analysts see…Click to read more at ETFtrends.com.

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