The Tech Sector

We watch the IGV ETF closely being our preferred read on tech. From a risk/reward perspective, MM’s ideal scenario is one final spike down into the $US70-75 range to provide an excellent buying opportunity. However, overnight it held firm following Oracles +9.2%  bounce, the next few sessions will be interesting, but we are conscious that the trend remains firmly down since late 2025.

• The IGV ETF has bounced ~15% as expected, but we feel the risk/reward is now more balanced.