CME_MINI:NQ1! NASDAQ 100 E-mini Futures
AS PER CHART
Trade active: looking weak and currently at yesterday low, looking for NAZ to test 14967 and then below at 14765. Expect a slight bounce in Overnight and then decline at Open. NAZ will most likely test the 7/27 low 14765, not sure on exact movement. At some point, I would expect a bounce as "dip buyers" will come in. Blue line at 14920 may see some bouncing between it and 14967. No pass at 14967 will most likely target lower level at 14765. We will see what the Dip Buyers feel about the dip? Remember that tomorrow is Month end, could get extra whippy.