NASDAQ 100 $QQQ Upside Target & Short Trigger

[Bryan Leighton]

The NASDAQ 100 is surging today following the Democrats retaking the House. The reason for the rally? Just days ago, President Trump threatened to file anti-trust cases against the big tech companies and claim they were monopolies. Investors believe that the Democrats will neutralize that threat in the near-term. As tech surges higher, investors should be ready to pull the trigger on the short side when price hits $178.00. This is a major technical resistance and all technical chart signals show another leg down in the market.

Gareth Soloway

InTheMoneyStocks