/NQ is backtesting the trendline that it impulsive broke down below yesterday, offering an objective short entry here and/or on a break below the minor TL/wedge just below or on a push up to the 8690 resistance level.
NQ 60m April 22nd
/ES took out the minor downtrend line highlighted in yesterday’s video, thereby triggering a near-term buy signal although likely near the end of the run as /NQ has bounced back to resistance with a maximum likely bounce target of a backtest of its comparable uptrend line & intersecting 2819.50 resistance level.
ES 60m April 22nd
After the regular session is underway, I’ll follow up with the charts of SPY & QQQ in the comment section below this post.