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home / news releases / QQEW - Technically Speaking: Too Many Bears Looking For A Correction?

QQEW - Technically Speaking: Too Many Bears Looking For A Correction?

First Trust NASDAQ-100 Equal Weighted Index Fund
  • The market has gone 319-days without a correction to the 200-dma.
  • Investors continue to chase overvalued equities until the eventual mean-reverting event occurs.
  • There is also a possible risk of a correction between 5% and 10%.

For further details see:

Technically Speaking: Too Many Bears Looking For A Correction?
Stock Information
Company Name: First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol: QQEW
Market: NASDAQ
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