Yeah man. I’m not trusting nq. Very weak today. I feel more downside. 

Great job kobie. 

Boom. New low today. 

Bear flag?

Now 150. Might get a lower low if it keeps up. 

Update: there is your 100 points. 

Head and shoulder look. Nq 5 min. Might be good for 100/150 points 

So far looks to be back testing the breakout line. Could take off from there. Monitoring. 

Hope that plays out. I'll load up short. Could also use those 400 points to the upside too   

Looks to be breaking out now. See how the last hour looks. 

Flagging at that top trendline on NQ.  3pm breakout??

Lol. I would love to short at 12k. So far I'm participating with the suckers since I reversed my short last Friday and went long after the big drop. Picked up an extra 40 points short last night on the pull back and back long again but watching it.

Been looking at this too. That would be a big pop for sure. 

Thanks for the heads up.. very good info to pay attention to.

I agree on looking for a short. Do you have some resistance areas you are looking at. Looks like the measured move of your 60 min wedge is about there too..

Looks like a cup and handle. With the cup just formed. Handle was first. If this plays out would be a very nice long. Could also peel back here and form a right shoulder for another IHS. Just monitoring. 

Possible inverse head and shoulder. If it breaks clean over that 11020/30 range could measure up to 11140 11150 range. Nq 5 min chart

Update: KAPOW!!!! Hit the target!!! And covered. 

Pow. Conservative target reached from the shoulder. If further downside 100 points to 11050. 

We bout to find out. If this does play out. Measures down to around 11050 which would finally undercut June lows by 18 points. FYI. See if it breaks clean below 11200 first