Curr: Cash Looking to: Short @ 12,313
As of 11/27/20 close: 12,273.25
LAST WEEK: We suggested shorting at 12,028 with a target for covering / getting long at 10,726.
UPDATE: NQ futures are suddenly trading bullishly once again after lagging the S&P and small cap badly over the last several weeks. NQ futures have one more range of resistance to conquer before declaring the bears dead in this battle. That range comes in at 12,313 12,408.75. If a breakout occurs, its clear skies for the bulls. Given reward /risk, we would short at 12,313 with stops honored on a close above 12,408.75 and would cover / get long at 11,571.