Solar And Steel Shining, Biotech Bounces, And Miners Moving

As for the other ETFs in our US Groups screen, there are multiple ones like the North American Tech-Multimedia Networking ETF (IGN), Semiconductors (SMH), and Regional Banking ETF (KRE) that have been rallying off of their 50-DMAs and moving back up towards 52-week highs. In the case of IGN, that has resulted in what appears to be an upside break of the past few months’ wedge pattern. There are also other breakouts to new 52-week highs like for the US Financial Services ETF (IYG) and the S&P Metals and Mining ETF (XME). 

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