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.
How StockCharts TV’s view on $IGV changed
2026-09-04Bullish
“Rates Just Flipped the Market Again (Watch These 4 Sectors)”
IGV is in a strong technical position, holding above June/July lows after a 4.3% pullback.
2026-08-28Bullish
“The Rally Is Still Working, But It’s Getting Selective”
IGV is approaching prior highs with strong momentum; further gains are likely if the uptrend holds.
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.