Update: Kapow. Measured move hit at 11100..

Still watching nq futures I posted about this morning. 150 points from the target now. 11100

After the wedge break. Backtest and then down. Would measure to around 11100 area give or take if you consider it a head and shoulder top. Nq 60 min chart 

Nq hourly chart. Big wedge and dropped out to form a bear flag like pattern now. Measures around 11200/11230 area

Maybe an m topping pattern 

Sorry. Didn’t see yours. In and out since I’m at work. Lol

Bear wedge. Morphing into a head and shoulder on nq 5 min. Measures down to 11500

Valid trend lines. Tagged and dropped twice. Nq 30 min

Surprised we haven’t had a downside circuit breaker trip yet this year. Feel we are due one of those. 

Headed for a green to red day. Nq very weak from bad earnings to china Asia stocks getting smacked. 

Still valid. Grinding lower. Just can’t get going upside it seems. Measures down to around 1550/1560. Gold futures. 

That doesn’t sound very bullish for the markets. 

Of course. Just giving another possible clue to market direction. 

Something to watch. Gold futures has a big head and shoulder look on the 1hr. Been following the equity market in sync pretty much. Gdx has been leading to the downside as of late as well. Should resolve next week 

Looks like a bear flag. Going into the last couple hours on a Friday might get a good drop from this. Nq 5 min futures 

Bear flag break down or just a toe test for a divergent low on the 5 min nq. 

Looks like ES wants to test 3600

bout to retest the lows after the small bounce. Lets see how it shakes out.

positive divergence on that lower low as well Kobie. 

Short squeeze yesterday and they are just reloading today.