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Nasdaq Road Map _44

Today NQ futures formed a monumental bearish combo on the freshly closed 5-day candles. A Tower Top (red) followed by Three Black Crows (blue). Expecting a rally in such conditions would be tantamount to blasphemy, imho.

Last week NQ perfectly hit our $14600 target that we set on August 1st.

Today we will discuss the options and probabilities for the next move and targets.

A bigger picture and detailed technical weekly analysis for Nasdaq, S&P 500, Russell, Volatility Index, and select global indices can be viewed on our site:
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