Afternoon Update – Tech Sector Taking The Lead

This afternoon’s closing trade is fairly fast-paced. For all intents and purposes, the SPX met my measured move. On a 670 basis point SPX decline, coming within 13 basis points of the $5725 target is close enough. Today has been a day of rotation, from selling Technology/Semis yesterday, to pro-cyclicals earlier today. Now we’re getting…

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