The XLK tech ETF has become quite overbought and its biggest components are now very expensive.  Therefore, the group could/should take a breather soon...before it takes a run at breaking its 2021 all-time highs.

You don't have access to this post on The Maley Report at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for subscribers on the Before the Open, All-Access and The Maley Report tiers only

Try 14 Days Free