Ever since that gap up it hasn't gone anywhere. Anyone making a killing selling options or buying $66.50 and selling $67?
I hate to hijack your thread.. Yes, the ascending triangle is bullish, the media is bullish, everyone and their grandma is bullish. Here's one *shred* of evidence that this might be something of a top at least for tech. Bearish rising wedge. It's not the cleanest pattern, but watching that upper resistance line at least merits consideration. This is just my view/interpretation, but I'd be watching for $COMPQ to fail to close strongly above 3150 to support a short term bearish outlook. Disclaimer: Don't trade off my commentary. This is not trading advice, etc. edit: To OP and others: I realize now you did not specify a bullish or bearish bias, and for that I apologize.