Currently: Cash Looking to: Short at 8,060
As of 7/12/2019 close: 7,957.62
LAST WEEK: We suggested shorting up at 8,060 with stops on a close above 8,160 and with a target of 6,700.
UPDATE: NASDAQ 100 futures are certainly on a track to test out our revised projected ceiling at 8,060. There is strength in the charts of just about all the leading NASDAQ 100 stocks but for how long. Right now, well stick with the 8,060 as our projected ceiling. We would be selling longs and getting short at 8,060 with stops above 8,160 and with a downside target for covering and getting long of 6,700.