IGV – Software ETF Defending Long Term Support Level

The $76-$80 level has been a place bulls have controlled for the past 18 months. IGV has been hammered back to that zone on fears of “a.i. taking over software” talk. Recently whale Michael Burry has voiced a bullish opinion on $ADBE Adobe. $95 appears to be in play for 2026 should ADBE report bullish numbers this week. Valuations are historically cheap with sentiment overloaded bearish.
IGV ETF

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