The much anticipated sell signal for /NQ (Nasdaq 100 futures) was triggered on yesterday’s break below 12955 (bottom of the recent trading range) followed by near-perfect tag & typical bounce off my first target of 12811 with this backtest of the 12955ish former support, now resistance level offering another objective short entry, re-entry, or add-on. Previous & updated 60-minute charts below.
NQ 60m April 24th
NQ 60m April 26th
Likewise, QQQ also triggered a sell signal on yesterday’s break below the 321-313 support zone (bottom of trading range) with this backtest of the former support, now resistance zone offering another objective short entry, re-entry, or add-on for QQQ as would any push up to the minor downtrend lines just above on both /NQ & QQQ. Previous & updated 60-minute charts below.
QQQ 60m April 24th
QQQ 60m April 26th