QQQ (Nasdaq 100 ETF) bounced off the 361.83ish support level as expected per yesterday’s video. With the bounce now likely having run its course & a potential bear flag, this is an objective time to reverse from long back to short for the next leg down. 60-minute chart below.

QQQ 60m July 28th

QQQ 60m July 28th

Likewise, /NQ (Nasdaq 100 futures) also bounced off the 14788 support level as expected per yesterday’s video. With the bounce now likely having run its course & a potential bear flag, this is an objective time for active traders that reversed from short to long at support yesterday to reverse from long back to short for the next leg down. 60-minute chart below.

NQ 60m July 28th

NQ 60m July 28th