/NQ (Nasdaq 100 futures) has triggered the sell signal I was waiting for on this break below the 60-minute bearish rising wedge with the next sell signals/objective short entries to come on breaks below the 18700 & 18600 support levels. Previous (yesterday’s) and updated 60-minute charts below along with the QQQ 60-minute chart for ETF traders.
NQ 60m May 21st
NQ 60m May 22nd
QQQ 60m May 22nd
Of course, we have NVDA reporting after the market close today so that will almost certainly either make or break this sell signal so more risk-adverse traders might opt to pass on this one & those /NQ traders that do take it, might want to briefly allow for more liberal-than-usual stops due to the almost guaranteed post-market volatility later today (or deselect the option to allow the order to be filled outside the regular trading session).