We all know that the 200MA is key resistance and support level. US Tech 100 is approaching this key level. But given the fairly positive Q earnings and strong sentiment towards the FANG companies. There is a strong possibility that we see a bounce off the 200MA.
OR
We may see a bearish signal for the US Tech now that the earnings season is almost over. If the US Tech 100 breaks the 200MA next week. We may see a very strong bear move towards the 7k-6.5k range
Comment below Bounce or Break if you think that the US Tech will maintain it's rally or breaks the 200MA along with the S&P and Dow
OR
We may see a bearish signal for the US Tech now that the earnings season is almost over. If the US Tech 100 breaks the 200MA next week. We may see a very strong bear move towards the 7k-6.5k range
Comment below Bounce or Break if you think that the US Tech will maintain it's rally or breaks the 200MA along with the S&P and Dow
