Nasdaq 100 E-mini futures (/NQ) just kissed the 6660.33 support level, so far bouncing. Should NQ take another thrust down to test or slight undercut of the 6645.60ish support & reverse, it will have put in bullish divergences on this 15-minute time frame, offering an objective long entry for a swing trade with targets around 6705 & 6743. That would be my alternative scenario (white) with my preferred scenario being that the pullback shortly after the open will be the low for the day & possibly the week with the $NDX rallying from there (orange). My comparable price target on QQQ would be 164.30
QQQ & /NQ Analysis & Price Targets
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