This is the chart of Nasdaq 100 index vs S&P 500 index that was compared with the period of 1999-2000. You can see the break-out structure which is very similar to it did in July 12, 1999. If this fractal works out, the evaluation of tech companies, especially the companies which have advantages in Could computing will be much higher compared to S&P 500 which is the average of all industries.