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πŸ”Ž Small Cap Tech Breaks Out

πŸ“Š Daily ETF Overview

 
A striking development on our sector ETF table is the emergence of many small cap sector ETFs near the top of the table. Yesterday we discussed the major breakout in small caps, and we're seeing this strength translate at the sector level.
 

Small Cap Technology $PSCT is the most notable as it's just broken out of this major base to all time highs.

 
 
This has many positive implications for the overall market given that small cap technology is among one of the most speculative sectors in the entire market.
 

It signals that investors have confidence in these companies, which would not be possible if market conditions were likely to deteriorate.

This is an area we're watching with close attention heading into the new year.


 

Steve Strazza is a master at trading in the speculative technology space with his Breakout Multiplier strategy. With small cap technology breaking out, our system is leveraging the best setups in this space.

Breakout Multiplier tracks those setups automatically, and with 50% off end-of-year access, it’s a risk-free way to stay aligned with them.