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Technical Tuesday - April 27, 2021 - Abbreviated Technical Tuesday
Technical Tuesday Update
Volume 5, Issue 15
April 27, 2021
We wanted to highlight a couple of charts that are jumping out at the moment. The NDX is at a MOB target band where it has been in pause mode for the last two weeks. The SMH has broken above its short-term downtrend and may be setting up for a place to add exposure. Ideally, we would like to see the SMH target a leg up from here and the NDX breakout of the MOB band. We should know the answer very soon. We will send out other charts of interest from our regular report as we see changes occurring from our last report.