Tech sector showing weakness despite gains on election day

When comparing tech focused ETFs/indexes, namely NDAQ and XLK, we can see that SPY has recently been outperforming them. My theory is that this is an unusual case and a sign that tech stocks are near tops.

Given that I did not receive the dip I wanted, I have difficulty putting on a short position on tech. There is also the factor that the highs have not been truly swept yet.

Just something to keep an eye on.

NDAQ/SPY
ảnh chụp nhanh

XLK/SPY
ảnh chụp nhanh

For options plays, it would appear leaps for NDAQ would be ideal, while short term plays on XLK would work out. NDAQ is quite illiquid.
Centered OscillatorsmoneyboxNBNDAQneobutaneSPDR S&P 500 ETF (SPY) symbolratioTrend AnalysisVolumevzoXLF

My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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