Uptrend Continues as Breakout Looms, Tech and Industrial Sectors Shine

Update July 16 2023

Very quick update for the week.

The market remains in an uptrend and the SP500 Equal weight is flirting with the highs from February. We may see a breakout or a failed breakout over the next session. Let’s see.

The tech sector keeps doing very well too. See below the Nasdaq 100 Equal Weight that broke out some weeks ago.