Both /ES & /NQ stock index futures continue to walk up those 60-minute uptrend lines that were highlighted in yesterday’s closing market analysis video with the next sell signal still pending solid breakdowns below those trendlines on /NQ & /ES as well as QQQ & SPY, once the stock market opens for trading today. I have to leave my desk for a quick errand & will return after the opening bell today but be on watch for that potential ‘gap & crap’ scenario laid out in yesterday’s video, otherwise, the pending gap up in the indexes will be a bullish near-term event as that will have taken both SPY & QQQ above the top of the August trading ranges as well as the 60-minute downtrend lines on SPY & QQQ.

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