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Amazon is classified as a consumer discretionary play but we all know this is a tech behemoth. It is the top holding in the XLY, at almost one-quarter of the fund, but it is also the third largest weighting in the QQQ. Some of the biggest names in the QQQ are showing signs of fatigue. MSFT like many names within recorded a bearish dark cloud cover on 6/16. META recorded a bearish engulfing candle on 6/26. GOOGLE is a quick 8% from its early June peak following a WEEKLY bearish shooting star candle the week ending 6/9. It is now trying to find some comfort along its rising 50-day SMA, and could that be a roadmap for the chart below of AMZN, which could fall about 10% from here and test that widely looked-at moving average? A couple of doji candles and is back near the peak of that nasty bearish engulfing candle from 6/7 that lost more than 4% in well above average daily volume. I see nothing wrong with a healthy pullback which could add fuel to the next possible upswing.