/NQ (Nasdaq 100 futures) has just hit the first target for a quick 5.7% gain from where it was posted as an unofficial long bounce trade idea earlier today. While a reaction on the initial tag of this level is likely, I favor a resumption of the uptrend to at least the next target of the downtrend line off the March 4th highs, although there is absolutely nothing wrong with booking the quick profits here & waiting patiently for the next objective entry, long or short. Previous & updated 60-minute charts below.

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FYI- I just wrapped up a video with updates on QQQ, SPY, /NQ, GLD, & LQD which is uploading now & should be posted shortly.