Momentum Names Leading Nasdaq100 Topping

23 set 2014

NQ sits above long term channel resistance, and is likely to fall back into the channel this week given the pressure on NQ's weekly RSI, Stochastics and MACD which are rolling over from recent tops. High momentum names like Netflix (NFLX) and Tesla (TSLA) continue leading the topping process on NQ, anticipating the end of US QE in October. Visit goo.gl/eEH08R for today's technical analysis on VIX_F, NQ_F, NFLX, TSLA, ES_F, ZC_F, NG_F, CT_F, USDX, USDJPY, EURUSD, EURCHF

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