/NQ (Nasdaq 100 futures) has rallied into the downtrend line (final near-term bounce target) where the odds of a reaction remain elevated (the previous update posted shortly before the open today stated the reaction was likely anywhere from the 12473.25 target/resistance up to this downtrend line) . Updated 60-minute chart below.
NQ 60m 2 Sept 9th
Likewise, QQQ has also hit the 5-minute downtrend line (final near-term target) where the odds for a reaction are elevated. Previous & updated 5-minute charts below.
QQQ 5m 2 Sept 8th
QQQ 5m Sept 9th