The gap between a few high-performing tech stocks and the rest of the market continues to widen.
Several sectors are struggling to maintain their April lows, and many are trying to hold above their 200-day moving averages.
As we mentioned over the weekend, we have significant new weekly sell signals.
The current market situation is not looking promising.
Eventually, this market divergence will correct itself.
Will the rest of the market rally to catch up with the tech sector, or will the tech sector decline to meet the rest of the market?
Only time will tell.
This content was originally posted on the Stock Market Timing YouTube Channel