The Rise and Fall of the Tech Sector

relative strength is just what is known as a relative strength line how is something anything doing compared to something else. In this case tech is outperforming the S&P if the line is going down it means it's underperforming and the circles I've drawn this is important we are just now back to the peak they will see that when tech was making a high in late December of 2021 that was the high for the market now tech is back to that high but the markets nowhere near that. It has taken 23 years and two now three months to recoup all relative losses so that now this sector is even steven with the S&p two decades later which is to say that's an epic