IGV is approaching prior highs with strong momentum; further gains are likely if the uptrend holds.
BullishHe framed it in weeks
“The Rally Is Still Working, But It’s Getting Selective”
StockCharts TVPublished Aug 28 · 1 passage
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What I did want to highlight here with IGV, which is the expanded tech software ETF, here we are with this week's 6% advance, and we are moving closer to regaining that high from last fall.
So, that is certainly very good news. We have a positive We're looking at a weekly chart. Positive RSI, and that just getting into positive territory. So, it is a group while it's had big move, there is more certainly on the horizon as far as the group maintaining this uptrend and trading higher.
What this channel has said about $IGV
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2026-09-04Bullish
I want to share a look at the IGV software exchange-traded fund, where you can see this upward gap and then our pullback last week of about 4.3%. There is a lot of activity in the software sector, mainly related to profits, but we are still above these low levels that were recorded in June and again in July. So, overall, our position here is very good.
Quote at 13:31 ›2026-08-28BullishThis one
What I did want to highlight here with IGV, which is the expanded tech software ETF, here we are with this week's 6% advance, and we are moving closer to regaining that high from last fall. So, that is certainly very good news. We have a positive We're looking at a weekly chart. Positive RSI, and that just getting into positive territory. So, it is a group while it's had big move, there is more certainly on the horizon as far as the group maintaining this uptrend and trading higher.