I literally just returned home from my trip & wanted to share this right away, FWIW. At a very quick glance of the charts, I decided to book profits on my /NQ longs from last week (and some I took in the car earlier today once the futures were trading green) here on this bounce back to the 15000ish price + downtrend line resistance. A decent case for more upside to my previous targets from last week can still be made, even more so right now, however I think that the odds for at least a reaction here at resistance, & quite possibly more, are elevated at this time. I’ll post another updated today as soon as I’ve had a little more time to review the charts. 120-minute chart of /NQ below.
NQ 120m Aug 21st