/NQ (Nasdaq 100 futures) has just hit my 12693ish target, with the odds for a reaction/tradable bounce off or slightly below this level likely. Also worth noting is the fact that the unconfirmed divergences between price & the momentum indicators have the potential to be the catalyst for a significant rally, should they be confirmed soon via a PPO bullish crossover. 60-minute chart below.
NQ 60m Aug 26th
Likewise, QQQ is coming down on my 308.83ish target, with the odds for a reaction/tradable bounce off that support level likely. As with /NQ, QQQ also has potential but unconfirmed divergences forming on the 60-minute time frame.
QQQ 60m Aug 26th
Mininum bounce targets, should we get a reaction off the initial tag of these support levels, would be just shy of the 12825 resistance level on /NQ & the 313.05 resistance on QQQ (best viewed on the 5-minute time frames).