CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Huge dump today. Weekly RSI is breaking down again and daily RSI got rejected off the 50 line. Price continues to make lower lows and lower highs. A huge bull flag is being built out, but for the moment it is staying inside of it. Could take quite a while before that breakout comes. Most likely will continue consolidating now until a significant trend change of higher highs and higher lows take place. If the price breaks the daily price support line, there will be further confirmation of more downside to come. Targets laid out, but I think hitting the second is the most likely scenario for things to bottom out. Play the trend until it changes.
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