Market Tops: – Is the Market Topping Out ?

Both the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQQ) are trading near the upper trendline of a rising 8 month price channel and appear to be overbought.
SPY has stalled near the upper trendline during the last two weeks while QQQQ reached the upper trendline last week. It is very likely that we will [...]