This tech stock may hold the key to the market — and it's not Nvidia

A stock that's done nothing since early February could be the key to the stock market's fate. That stock is Meta Platforms . Way back on February 2nd,

's breakout and breakdown attempts over the last six months have failed to garner any follow through. As such, it isn't worth guessing until there's a definite move. At some point one side will give way and over the last few years. In September 2021, and XLC are closely aligned with the S & P 500 , too. Indeed, the XLK Technology ETF has a much bigger weighting in the S & P overall. But as this chart shows, the S & P 500 hasn't veered too much from XLC or

can continue to hold, it would help the S & P 500 stay afloat. Further,

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