Afternoon Update: Tech on the Precipice
3C led mega caps lower. Mega Caps’ relative weakness is pronounced on follow-through to the downside after a decisive break of the bearish Descending Triangle. MAGS (30M) We’re getting follow-through in the mega caps, most notably in those with clear bearish consolidation or topping patterns breaking. A few examples: META (-2.9%) (4H) following through on…
