Next sell signal on QQQ (Nasdaq 100 ETF) to come on a solid break and/or 60-minute close below 478.80. Previous & updated 60-minute charts below.
For futures traders, following the recent sell signal/short entry on last week’s bearish rising wedge breakdown, the next sell signal on /NQ (Nasdaq 100 futures) will come on a solid break below the /NQ 19937ish support level with my preferred near-term swing target still the intersecting primary uptrend line & 19287ish support level.
Following the recent divergent high & subsequent bearish rising wedge pattern breakdown, the next sell signal on SPY (S&P 500 ETF) will come on a solid break and/or 60-minute close below the 543.48 support level.
Likewise, following the recent bearish rising wedge breakdown on the /ES (S&P 500 futures) 60-minute chart, the next sell signal on /ES will come on a solid break below the 5520 support with a preferred swing target of the intersecting uptrend line + 5440ish support.