Curr: Short Looking to: Cover @ 10,726
As of 11/20/20 close: 11,908
LAST WEEK: We suggested selling longs / getting short at 12,091 with a target for covering / getting long at 11,343.
UPDATE: NQ futures appear a little vulnerable here after peaking out near our target of 12,091 last week. We see possible support at 11,711.25, 11,475.50 or 10,725 10,750. With all of the newsflow recently, its not hard to foresee some downside. However, technical patterns are not crazy bearish either. We would short bounces to 12027.50 with a target for covering and getting long at 10,726.