Following the 60-minute downtrend line breakout & near-term buy signal on /NQ highlighted in yesterday’s video, the Nasdaq 100 futures have rallied into a resistance zone (~13286-13343) where a reaction & quite likely a tradable pullback are likely.

NQ 60m April 1st

NQ 60m April 1st

Likewise, QQQ has once again rallied to the top of the trading range on the daily time frame, thereby offering an objective short entry and/or opportunity to close or tighten up stops on long positions while a solid/sustained break & close above 325 would be bullish.

QQQ daily April 1st

QQQ daily April 1st