The 11596.50 price target on the /NQ bounce trade was just hit (again) followed by the typical reaction so far. New minor uptrend line has been added in which a tight stop could be placed somewhat below to protect profits (next objective stop just below the 11497 support). /NQ (or QQQ, QLD, TQQQ, etc..) also offers an objective add-on or re-entry on the pullback to the uptrend line, for those that booked profits around 11646 & a break above 11647 will also offer an objective entry or add-on. Previous (yesterday’s) & updated 15-minute charts below.
NQ 15m 2 Dec 7th.png
NQ 15m Dec 8th