Technology Select Sector SPDR Fund (XLK) - 26th October 2023 | @ 115 Days | - 5.79%
Last trade: - 5.79% | 'B' class signal detected in Technology Select Sector SPDR Fund (XLK). Running at an average wavelength of 115 days over 12 iterations since February 2020. Currently peaking.
Instrument Summary
The Technology Select Sector SPDR Fund (XLK) is an ETF designed to mirror the performance of the technology sector within the S&P 500 Index. XLK comprises tech giants such as Apple, Microsoft, and Amazon, offering diversified exposure to this sector. It serves as a practical investment vehicle for those seeking to capitalise on the growth potential and dividend opportunities within the technology industry.
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