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The "Magnificent" 7 does not look so Magnificent.

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The magnificent 7 uphold a lot of weight in the QQQ, S&P Index and a responsible for a large percentage of their gains.
In fact they hold so much weight of the QQQ that if you held the Q's rather then the MAG 7 you would have earnt 1/3.
By holding the SPX you would of earnt 1/5 of the amount.
Since mid 2012.
So a underperformance of these stocks would largely drag down both index's
Other divergence to be displayed in the index.
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Supply and DemandSupport and ResistanceTrend Analysis

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