The next near-term sell signal on /NQ (Nasdaq 100) to come on a solid break & 60-minute close below this uptrend line which forms the bottom of a bearish rising wedge pattern, confirmed with negative divergences. Minimum target 8314 with a likely short-term swing target of 8230 (assuming a sell signal/breakdown is triggered soon).
/NQ 60m Dec 12th
/ES (S&P 500 futures) still needs to take out the 3100ish support level to open the door to a half-decent correction although a solid break and/or 60m close below this uptrend line should be the catalyst to at least bring /ES back down for a test of that level. Should both /NQ & /ES trigger solid sell signals today, I will follow up with the updated charts of SPY & QQQ along with key levels to watch/target.
ES 60m Dec 12th