With the major stock indexes closing red yesterday & the futures building on those losses in the overnight/early morning session, we now have fairly impulsive rejections off the trendline backtests on /NQ (downtrend line off the highs) & /ES (primary uptrend line) so far with the next sell signal to come on a solid break below the Aug 18th lows on both. 120-minute charts below.

NQ 120m Sept 7th

NQ 120m Sept 7th

 

ES 120m Sept 7th

ES 120m Sept 7th