It was a very rough day for the stock market yesterday…and the bond market as well). However, the key support levels for the important technology indices/ETFs remain intact. Therefore, the tech sector (and thus the stock market) STILL stands at a critical juncture..……Yes, we could see some major movement today…but given the number of KEY events which are scheduled for NEXT week, that could/should be the time when we get some compelling answers…as to which direction the market is going to move from this “critical juncture.”
