Technology Sector Closing in on Pre-Financial Crisis Highs

The S&P 500 Technology sector has gotten off to a great start to 2012.  While it has gotten a bit overbought in the short term, the sector is closing in on a key resistance level that bulls would love to see broken.  This resistance level is the sector’s pre-financial crisis closing high of 441.36, which is just 1.59% away from where the sector is currently trading.

Read the rest and see the pretty graphs here.