Pullback Watch

After the first 2 weeks of trading in the new year, the market appears to be a bit extended and readying to some consolidation. Be prepare for some wild move since this week is OpEx.

Here are the charts for the SP500, Nasdaq 100, and their respective ETF, SPY & QQQ.

Click on the image to get an enlarged view of the chart.

SP500



SPY



Nasdaq 100



QQQ