NASDAQ:QQEW Inverse head n shoulders ready to break out. it needs to consolidate next week before it can break out. equal weight nasdaq 100
Why would you buy stocks here? Insane. Good luck with that.
News is coming out how the top 5 stocks are responsible for the majority of the gains in the market. Well.... so what? This is the QQEW, an equal weighted index of the Nasdaq 100. It's also near highs. Saying "OH GOD AMAZON AND FACEBOOK ARE UP SO MUCH" isn't a reason to be aggressively short the market.
Structured Resistance. $QQQ $NDX $NQ_F