Currently: Short Looking to: Cover @ 8,001.10
As of 11/10/19 @ 7:58pm EST: 8,244.62
LAST WEEK: We suggested shorting 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 was to be 8,550.
UPDATE: NQ futures have remained in bull mode for another week solidifying the recent breakout. A pullback to 8,001.10 should still be in the cards, though. That would give troubled bears a chance to cover with slightly less pain. From 8,001.10,
the next wave higher could take prices up to 8,600 or so.
We would look to cover shorts and get long at 8,001.10 with stops honored on a weekly close < 7,899 and a target of 8,600.