Currently: Cash Looking to: Short at 8,060
As of 7/7/2019 as of 11:56pm EST: 7,829
LAST WEEK: We suggested selling longs and getting short of NQ futures at last weeks levels near 7,820 with stops above 7,900 and with a downside target of 6,000.
UPDATE: NASDAQ 100 futures are pulling back modestly early Monday morning. However, they still look like they might possibly push up to around 8,060. That level is the approximate level at which the upper edge of the trading channel comes into play as resistance. We would be re-shorting up at 8.060 with stops on a close above 8,160 and with a downside target of 6,700.