NASDAQ:QQQ POWERSHARES QQQ TRUST
We can easily see distribution occurring. I have out lined important levels. Big Picture on Daily/Weekly/Monthly is MEGA (even more than SPY if you can believe that). But we are approaching SERIOUS resistance at the 2000 levels. After we break out of 100... 115 will come, but it will be a slower rally as that will see a MAJOR rejection. BIG MONTHLY levels that and resistance there. We can still go higher than that, but we need to be aware of what we are approaching, so LOOK LEFT!.