This pullback to the 11535 former resistance, now support level on /NQ (Nasdaq 100 futures) offers an objective long entry or add-on to /NQ, QQQ, QLD, etc.. as would any additional drop down to the uptrend line off the recent lows (purple scenario). The yellow arrow shows my primary scenario with my alternative scenario in purple. Negative divergences are noted with the potential to lead to a larger pullback, as such, stops somewhat below the 11290 support but again, at this time my preference is to buy the dips/pullbacks to support. 60-minute chart below.
NQ 60m June 22nd
I’m also awaiting a solid break above the 3860 resistance level on /ES (S&P 500 futures) to trigger another buy signal/objective long entry & help to increase the odds of a substantial rally in the coming weeks. 60-minute chart below.
ES 60m June 22nd