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Without a doubt, technology stocks are the leader within global stock markets and the global economy. So when the technology sector nears a major trend decision point, investors and consumers should be watching.
And that is exactly what we have on display today, as several tech-related stock market indices are trading deep into narrowing patterns.
Below is a chart 4-pack highlighting narrowing patterns on the NASDAQ 100, NASDAQ 100 Equal Weighted, NASDAQ Composite, and S&P 500 Index.
And whichever way price breaks will bear importance for investors.
September could turn awfully exciting soon. Stay tuned.
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