Curr: Short Looking to: Cover @ 11,586
As of 10/19/20 @ 12:01am EST: 11,888.25
LAST WEEK: We suggested selling longs at 11,838 and getting short at 11,949 IF there were signs of a bearish reversal. Target on downside was to be 10,361.
UPDATE: It appears to us like NQ futures should have strong resistance at either 12,022 - 12,027.25 or 12,106.25. Once a top is made (or has been made at 12,022 already) at one of those two levels, we are looking for a dip to 11,586 or 11,449.50. We would look to sell longs / get short at 12,022 - 12,027.25 with stops on a close above 12,110 and with a target of 11,586 for covering and getting long.