is the rally over? what about top techs?
let's look at my favorite envelop charts.
i have been using these for over 25 years.
what we see here is that the top techs like aapl and goog are still moving within the intermediate envelops (red weekly lines) in their daily charts.
for the longer term spx chart below, the 500 stock index is also progressing within these envelops.
paul
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