This Software ETF at All-Time Highs!

$IGV the iShares Software ETF, broke out to all time highs today.

Software stocks have been acting great lately, and we can see that this group represented by this ETF, looks to be giving a relative strength buy signal vs. the S&P 500 (middle chart).

IGV 3 5

Price chart has cleared the base and coupled with a MACD bullish momentum crossover, looks worth some consideration on the long side.

Lets see if we can keep it going,

Captain John

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