Here is one for thought!
I worked late yesterday night.. looking a the the long term chart of the Nasdaq Composite which represents more or less the QQQQ’s (Nasdaq 100) . At one moment I felt a bit like the mad scientist Doc in Back to the Future trying new…
I clearly pointed for a double top in SMH while it was trading at $36. (Click Here). Seems like the double top is unfolding pretty well. See for yourselves :
Is it a trend that is going to break?