Following the very brief & shallow (and expected) pop back above the trendline resulting a slight overshoot of the trendlines backtests, both NQ (Nasdaq 100 futures) & ES (S&P 500 futures) moved impulsively lower in the overnight session with both QQQ & SPY current poised to gap down with just over an hour until the market opens.
SPY & QQQ Indicated to Gap Lower
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