Profunds index and sector trading

[was Steve]

i agree the techs need to breakdown soon or everything is going up and that if spx runs on mon, techs will follow. their failure to breakdown this past week had me scratching my head a bit. spx is on the verge of yet another breakout without a single meaningfull correction on the way up. this beanstalk just keeps growing to the sky until it doesnt i guess.