Curr: Short Looking to: Cover @ 10,361
As of 9/18/20 close: 10,938.50
LAST WEEK: We suggested covering and getting long at 10,361 with stops on longs on a close below 10.300 and with a target of 13,500.
UPDATE: NASDAQ futures took it on the chin again last week as the correction in big technology stocks continued. Right now, it appears like NQ futures will continue lower for a bit longer perhaps until 10,643 or 10,361 are tested. Our money is on the latter level. We would look to sell longs / get short on a bounce to 11,288.50 with stops on a close above 11,539 and with a target for covering / getting long of 10,360.25.