Tech stocks have taken a hit after a major run up and earnings releases. As we approach the 200D MA it's a key indicator historically of big price movement. What does this mean for us? We'll likely see a big dip in tech stocks whereby they correct in order to give way to another price run up. These movements take course over a significant period of time. Price trend looks negative right now which indicates the state of the economy and would fall in line with a price movement upwards around economic recovery period starting.