The NDX 100 (left chart) and Semiconductors (right chart) are very near 2018 highs, which happen to be all-time highs as well.
If both would break out at each (1), they would send a bullish message to tech and the broad markets as well.
Keep a close eye on both, as breakouts would send a quality bullish message from leadership.
The Invesco QQQ (QQQ) rose $0.20 (+0.11%) in premarket trading Wednesday. Year-to-date, QQQ has gained 13.07%, versus a 4.94% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of Kimble Charting Solutions.