Q4 Roadmap Update: Technology Is Back — Semis confirmedApple Inc.BATS:AAPLTradeSentinelNotesWhat Changed From Last Week? 1. Semiconductors graduated from repair to leadership This is probably the biggest change. SOXX and SOXX/SPY now show broad positive synchronization. 2. QQQ relative leadership strengthened materially QQQ/SPY is now one of the cleanest relative rows. 3. Healthcare repair advanced XLV has reclaimed important price structures before the 20-day trend fully turns. 4. Broadening remains absent RSP/SPY and IWM/SPY are still deeply weak. This tells us the improvement is primarily: leadership broadening within Nasdaq/Technology not yet: broadening across the entire equity market. What matters Watch: QQQE/SPY → RSP/SPY → IWM/SPY in that order. If those start repairing, the current Tech-led recovery becomes a genuinely broad Q4 recovery. --> See this in context with the linked posts about SPX and NDX on the right hand side. What is mostly noise Another SPY high. The better question is whether more groups start participating with Tech. TradeSentinel Takeaway The recovery sequence continues: Technology repaired → Semiconductors repaired → Nasdaq breadth improved → relative leadership confirmed The remaining question is breadth. Tech has done its job. Now the rest of the market needs to follow. Primary: Technology Pullback: Energy Watch: Healthcare, Communication Services Needs repair: Financials, Materials Avoid: Utilities, Real Estate, weak cyclicals The next confirmation is not another Tech rally. It is whether leadership starts spreading beyond Tech