The pending sell signal that was posted on Friday for /NQ (Nasdaq 100 futures) has triggered with a breakdown below the 60-minute uptrend line but still not confirmed with a breakdown below the comparable trendline on /ES (S&P 500 futures). The next sell signal on /NQ will come on a solid break below the 11048.50ish support/first price target. Previous (Friday’s) & updated 60-minute charts below.
NQ 60m Aug 7th
NQ 60m Aug 10th
/ES sell signal is still pending on a solid break and/or 60-minute close below this uptrend line & best to see breakdowns in both the /NQ 11048 support as well as the uptrend line on /ES. Previous & updated 60-minute charts below.
ES 60m Aug 7th
ES 60m Aug 10th