Currently: Cash Looking to: Buy @ 7,290
As of 5/24/2019 close: 7,312.75
LAST WEEK: We suggested shorting near 7,660 with stops on a close above that and with a target of 7,111.
UPDATE: NQ futures target is 7010.75. However, will they go down there from here or bounce first and then tumble? Key support level to monitor on a closing basis is 7,290. Any close below that, and down well go. Above that and the bulls can push prices up to at least 7,640 7,655 for a test. Wed be willing to try longs for a trade at 7,290 with stops below that and with a target of 7,640. Wed short at 7,654 with stops above that and with a target of 7,011.