After the Fed applied the breaks on rate increases the market bulls appear to have received an impetus to push equities higher. Most global equities had a good week which saw the The S&P 500 Tracking ETF - SPY gain +2.16%. The Tech Heavy Nadaq 100 Tracking ETF - QQQ did even better jumping +2.78%. Semi Conductor Sector was a star performer with the The S&P Semiconductor SPDR - XSD Technology sector has been impressive and many related industry groups within this domain look very attractive. The QQQ is yet to surmount its all-time high but many technology related ETFS have broken above long consolidation ranges.

If the market continues its ascent higher, these are a few ETFS self-directed investors may want to keep a closer watch on considering their general outperformance over the broader market.

• TDIV - First Trust NASDAQ Technology Dividend Index Fund
• FV - First Trust Dorsey Wright Focus 5 ETF
• ROBO - Exchange Traded Concepts Trust ROBO Global Robotics and Automation Index ETF

All these three ETFS have been recently showing signs of outperformance with reference to the broader market from a price movement perspective. FV is a fund of funds with majority allocations to five First Trust sector ETFS based on their relative strength. TDIV provides exposure to major technology stocks that pay a dividend. At present Semiconductors stocks have a nearly 31% allocation. ROBO is a multicap ETF that provides exposure to Robotics, Automation and Artificial Intelligence companies. Small and Mid Cap companies take up a larger percentage of allocation and likely to be riskier.

From a technical perspective, all these ETFS are trading above their key averages and nearing long term resistance areas. If the market continues to climb there is a likelihood these resistance areas may be overcome setting the stage for further attractiveness.

Self-directed investors may want to monitor these ETFS to see if continued outperformance is seen if market conditions continue to favor bulls.

Good Luck and Happy Investing!