As we made higher high, the weekly buy signal has been generated. Descending volume (but still very high) and Fibo 168% might suggest retracement, oscillators are rather neutral.
Neverthless, we are still in weekly uptrend and we need proper market action to make any forecasts.
Not much else can be said before we confirm or negate current uptrend.
High-tech jobs in US suffered its deepest layoffs in seven years (here).
Sources:
[http://www.marketwatch.com/news/story/High-tech-layoffs-climb-first/story.aspx?guid={33AFAB9C-0276-4883-8F8B-E5F5009BA0B4}]
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