# Technology ETF Closes Below Uptrend as Kramer Warns of Further Losses

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/32400
Published: 2026-10-15T09:11:38.000Z
Updated: 2026-10-15T09:11:38.000Z
Section: Investing

> The Technology Select Sector SPDR Fund (XLK) finished Wednesday, Oct. 14, beneath its rising trend line as technology shares came under renewed pressure.

U.S. technology stocks faced renewed pressure Wednesday, Oct. 14, and the Technology Select Sector SPDR Fund (XLK) finished the session below its rising trend line. Analyst Michael Kramer warned that further losses could follow the break.

The signal was based on the fund’s closing level. Kramer’s warning described a possible next move, not a confirmed decline.