Stock index futures have once again been rejected off the top of the recent 3-week trading range as well as the downtrend lines off the previous highs with /NQ now testing the important 7650ish support level, quite likely for the last time although a reaction here first is likely (a bounce followed by another thrust down that cuts right through 7650). /ES & /NQ 60-min charts below. I’ll post the SPY & QQQ charts, with levels, once the regular session is underway.
ES 60-min Aug 23rd
NQ 60-min Aug 23rd