Currently: Short Looking to: Cover @ 7,921.50
As of 11/1/19 close: 8,163.38
LAST WEEK: We suggested selling longs and getting short at 8,080 with stops honored above 8184.25 and with a 7,130 target.
UPDATE: NQ futures have broken out to the upside. Now, the key is to try to buy / cover on a dip to support. The first support where that should happen is 7,921.50 which would still represent a profit from shorts started at 8,080.
If in cash, try to short at 8,184.50 with a target for covering and
flipping and getting long at 7,921.50. The upside target on that long trade will be 8,550.