Currently: Short Looking to: Cover at 9,360
As of 2/21/20 as of 2:49pm EST: 9401.88
LAST WEEK: We suggested shorting at last weeks levels with stops on a monthly close above 9,700 and with a target for covering / getting long at 8,925.50.
UPDATE: NQ futures have taken it on the chin short-term and may have either a small amount or very large amount of downside still in store in the short-term. Short-term support for
NQ futures comes in at 9358.75 9401.88. If 9358.75 gives way, the next target of 8926.38 will likely be approached / tested. However, given patterns in ES and TY charts, were
thinking support will hold. Cover shorts / get long at 9,360 with stops on a daily close < 9,357 and with a 9,750 target.