🔎 Technology Transitions to Green

January 6, 2025

📊 Daily ETF Overview

We’ve noticed a significant shift in both Large Cap Technology ($XLK) and Equal Weight Technology ($RSPT), as they transition from red to deeper shades of green, as illustrated below.

This suggests a resurgence of growth leadership heading into 2025.

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From a technical perspective, the breakout of the Large Cap Technology ETF ($XLK) from a six-month base further supports this trend.

With this setup, there’s considerable potential for technology to push higher as we move into the new year.

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