/NQ (Nasdaq 100 futures) have made an impulsive break below the 12676 support level, providing the second & confirming sell signal as laid out on Friday. As such, T1 (12410) will likely be hit soon whether or not /NQ backtests the 12676 resistance level (an objective add-on or new short entry, if so), or not. 60-minute chart below.
NQ 60m Dec 21st
Following Friday’s breakdown & sell signals in /NQ & QQQ & the additional breakdown/sell signal in /NQ earlier today, the odds of my first target of 300.41ish for QQQ being hit soon have increased.
QQQ 60m Dec 21st
SPY broke down below the 60-minute uptrend line in the pre-market session today, hitting & reversing off the 358.75 target/support. While more downside is likely this week, any snapback rally to backtest the trendline during the regular session would offer another objective short entry or add-on.
SPY 60m Dec 21st