Stalled and Consolidating

The NASDAQ 100 (QQQQ) has been the leader. It has now been in a narrow trading range for about 15 trading days. While the index has stalled, many of its key components and leading names have also stalled and consolidated. They are now in a position where the big boys can break them out and run them again or hit them hard. This trading range gives me a chance to manage risk.









There are many other leaders that look very similar.