Tech Stocks Struggling at Double Top Fibonacci Resistance

First Trust NASDAQ-100 Equal Weighted Index Fund News

Tech Stocks Struggling at Double Top Fibonacci Resistance
United Kingdom Latest News,United Kingdom Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Stocks Analysis by Chris Kimble covering: First Trust NASDAQ-100 Equal Weighted Index Fund. Read Chris Kimble's latest article on Investing.com

Technology stocks have been the engine behind the stock market rally into 2024. Even better stated, tech stocks have been a market leader since 2009.

Today, we highlight this with one of my favorite ways to interpret market strength: equal weight indices & ETFs. The chart below is the First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ: How long with this double top Fibonacci resistance hold for? Will it be long enough to send QQEW much lower? Or will it be different this time?Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is the S&P 500 Flashing a Spring Sell Signal?Is the S&P 500 Flashing a Spring Sell Signal?Stocks Analysis by Chris Kimble covering: S&P 500, NASDAQ Composite. Read Chris Kimble's latest article on Investing.com
Read more »

Nvidia Stock Reaches Crossroads at Key Fibonacci Price Level: Breakout in Sight?Nvidia Stock Reaches Crossroads at Key Fibonacci Price Level: Breakout in Sight?Stocks Analysis by Chris Kimble covering: Nasdaq 100, NVIDIA Corporation. Read Chris Kimble's latest article on Investing.com
Read more »

Will Gold’s 12-Year Cycle Send It Much Higher?Will Gold’s 12-Year Cycle Send It Much Higher?Commodities Analysis by Chris Kimble covering: XAU/USD, Gold Futures. Read Chris Kimble's latest article on Investing.com
Read more »

Gold/US Dollar Attempting Historic Bullish BreakoutGold/US Dollar Attempting Historic Bullish BreakoutCommodities Analysis by Chris Kimble covering: XAU/USD, Gold Futures, US Dollar Index. Read Chris Kimble's latest article on Investing.com
Read more »

Is the Gold Miners ETF Ready to Blast Off Higher?Is the Gold Miners ETF Ready to Blast Off Higher?Market Analysis by Chris Kimble covering: VanEck Gold Miners ETF, Bitcoin. Read Chris Kimble's Market Analysis on Investing.com
Read more »

Early County Sheriff’s Office hold Last Ride for Lt. James KimbleEarly County Sheriff’s Office hold Last Ride for Lt. James KimbleLt. Kimble passed away earlier this week after a lengthy battle with stage five kidney failure.
Read more »



Render Time: 2025-04-05 21:29:57