/NQ has recovered 13075, so your calls should pay you off!

A bullish wave count could be incorrect expecting 5 waves up, LoL. The DVDS subsystem is a solid performer!

Let us see whether QQQ recovers by the EOD. A sell signal on /NQ is on, unless it is negated immediately.

Edit: QQQ breakout is 313 to 315, as shown here.

TLT going higher means the indexes going lower, doesn't it? The same for VIX.

Gold seems to be acting in concert with indexes: it rises with them and is dropping with them. This behavior is unexpected.

If 13075 on /NQ gives way with a close below on the hourly, a sell signal will be given. Targets were given in the EW video from last night.

A big-picture EW count on /ES and /NQ both support a pullback: https://www.youtube.com/watch?v=3w8AVfa97lM. His counts do not resemble those from tonight's newsletter, yet I see his rational behind his counts. The /NQ count is a lot clearer. Start from about 40s in the video.

The upshot is that a gap up tomorrow will present a gift to short either index.

That would make it a breakout for silver.

Supply and support zone on /NQ and /ES as of Friday's close, likely unchanged.

is QQQ leading by 1 day?

I view it in the same way. I wave referring to wave 3 completing, with a minor pullback in 4, and another push in 5. this was the first pullback since wave (3) started breaking out the wedge. Now wave a down might be done, and up in wave b of 4.

That consolidation area is a likely target for wave 4 down on SPX. That wave is still in progress.

SPX has not met its projected target yet: https://stockcharts.com/h-sc/ui?s=%24SPX&p=120&yr=0&mn=3&dy=10&id=p65678500893&a=695769555&listNum=61&cmd=print

/GC is setting a new high for the year. It looks like it is blowing up. So much for technical trading based on divergences. Reaching all time high should be next unless it retreats today.

DeMark 13 on the daily is telling! It may break out, yet the breakout is likely to fail thanks to an extreme overbought condition.

For the moment, a failed breakout on DUST: https://stockcharts.com/h-sc/ui?s=DUST&p=60&yr=0&mn=1&dy=15&id=p03133263004&a=755798847&listNum=59&cmd=print  is in play.

/GC has exceeded the last week's high after having retested the breakout line overnight. It should be dropping but it is not. It might be placing a bull trap here.

Matt, is a lower high scenario for $SPX after a lower low (broken symmetry) as shown on this chart  still in play?

/NQ supply zone on the weekly is 13248 to 13743, demand zone is 12867 down to 12413.