Looks like 3770 is the target for tomorrow. This goes hand in hand with NQ idea.
Comment:
Closet we got tonight was 3777.5. I am satisfied of this as meeting the first target as my number was based on eyeballing. Plus, I am seeing a lot of front-running by algos. Between NQ and ES, we have covered the "first targets" that fall in a healthy pull back category. We may have a few more points of weakness that can take us to the edge of the "comfort" zone of a pull back. From my perspective, this is over but tomorrow RTH will tell.
Trade closed: target reached:
Well...well.. tgt reached. bounced and then broke through. I have posted another idea for the next target around 3680. That is the edge of a pullback. After that we get into correction category and will see far more downside. Hope we avoid that.