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Time to refresh comments on IGV-1.98% , the Ishares expanded Tech-Software ETF, as this is now exceeding 90, and officially breaking out above two prior peaks from this year along with Nov 2021 in a very bullish Cup and Handle pattern back to new all-time high territory. While Semis still are outperforming Software on an intermediate-term basis, Software has shown better relative strength since this Summer. Note, this Software outperformance is not the normal MSFT-1.15%  led rally. Rather, it's being led by PLTR-1.50% , ORCL-5.59% , NOW-2.61% , and strong movement out of the likes of CRM-2.72% , PANW0.20%  which i suspect should rally back to all-time highs. (More on this topic in tonight's report)