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🔎 Tech Revisits the Crime Scene

June 4, 2025

📊 Daily ETF Overview

 

Stocks have pushed higher despite growing economic uncertainty fueled by rising tariffs.

Now that the rebound is in motion, the key question is whether the market will sustain this rally or pause to retest previous highs.

A prime example is the Technology sector ($XLK), arguably the most critical in the U.S. It’s currently pressing against a significant overhead supply level.

 

 

We expect tech—and the broader market—to respect these resistance points. Any consolidation here would set the stage perfectly for a decisive breakout toward new all-time highs.