This website’s prior blog illustrated that the technology stock ETF (XLK) may have begun a post Horizontal Triangle thrust up. Today 09/21/26 XLK blasted upwards.
The daily XLK chart courtesy of Trading View updates the action.
The bullseye termination point is 214.35. This movement is probably an Elliott fifth wave and confirmation is just one – tick above the presumed Intermediate wave (3). That level is 198.74.
Daily RSI is still in the neutral zone and implies more upside action.
The U.S stock market rise today was not universal.
The Dow Jones Transportation Average and the Dow Jones Utility Average both ended the 09/21/26 session down from their 09/18/26 session closes.
The financial stock ETF (XLF) was up only .07%.
The XLK post triangle thrust up could terminate sometime from 09/22/26 to 09/25/26.
Four Dimension Trading 