Curr: Cash Looking to: Short here; tgt 9,527
As of 7/3/20 close: 10,326
LAST WEEK: We suggested shorting at 10,010 with stops on a daily close above 10.120.50 and with a target of 8,961.50.
UPDATE: NASDAQ 100 futures rallied to new highs again this week. While the price action has been impressive, the skeptics out there including us remain of the belief that a pullback is on the horizon. Right now barring any new highs a pullback would have targets of 9,527, 8,973 or 8,524.
Adventurous sorts who dont mind honoring stops and trying trades again can try shorts here with stops on a close above 10,450 and with a target of 9,527.