Nasdaq Dorsey Wright

With no changes to any of the iShares models this week, we look at the iShares US Tech ETF (IYW).

There are no changes to any of the iShares models this week. Technology currently sits in third place in the DALI domestic equity sector rankings, and the technology group ranks 19th out of all 134 groups in the Asset Class Group Scores, making the sector a clear overweight based on its ranking in both systems.

Investors looking to add technology exposure should consider the iShares US Tech ETF (IYW). IYW has a near-perfect 5.66 fund score, which is 1.18 points better than the average for all technology and communications funds, and a positive 4.14 score direction. On its default chart, IYW has completed two consecutive buy signals, most recently breaking a double top at $186 last month, marking a new all-time high for the fund. IYW has pulled back to support at $178, a level from which it has rallied on two prior occasions since August and now sits near the middle of its 10-week trading band, a potentially opportune entry point for long exposure. Beyond the current support at $178, IYW shows no further support on its default chart until $128. However, its more sensitive $1-per-box chart shows multiple levels of support in the $150s and $160s. Year-to-date (through 9/3) IYW has gained 13.98% on a price return basis, outperforming the S&P 500 (SPX) by more than 4%.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. BlackRock sponsors the Dorsey Wright iShares ETF Models. However, analysis, models and recommendations are created and provided solely by Dorsey, Wright & Associates (Dorsey Wright). Neither BlackRock, BlackRock Advisors and its affiliates, nor SEI Investments Distribution Co. or its affiliates (SEI) are affiliated with Dorsey Wright. Neither BlackRock nor SEI provides investment advice or recommendations regarding any security, fund or market. Analysis, models and recommendations should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including iShares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. No individual risk management tools are used in maintaining this model. This model may not be suitable for all investors. As the investment professional making the final decision with respect to allocations, remember to adhere to NASD Rules 2090 and 2111 (formerly NYSE Rule 405, Know Your Customer). The percentage of the portfolio devoted to any iShares strategy, as well as final individual weightings are at the sole discretion of the financial advisor and not Dorsey, Wright & Associates, BlackRock or SEI Investments Distribution Co. or its affiliates (SEI) . If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey or visit the PnF University at www.dorseywright.com. If you are not familiar with the iShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.ishares.com for more information.