This software ETF is breaking out from a multi-year range, according to the charts

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This software ETF is breaking out from a multi-year range, according to the charts
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Frank Cappelleri breaks down a trade on the iShares Expanded Tech-Software Sector ETF.

Of the 175 key ETFs that we track, just one made a new all-time high on Tuesday – the iShares Expanded Tech-Software Sector ETF . This is significant for a few reasons. First, it shows that technology has continued to bounce back. This is crucial given that the tech unravel was one of the underlying reasons that the S & P 500 took sizable hits both in early August and early September.

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