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OffTheFloorTrader
Aug 24, 2015 2:46 AM

No V bottoms in sight 

E-mini Nasdaq-100 Futures (Sep 2015)CME

Description

OK...look at the charts and learn how selloffs work. We were looking for a pullback Friday and never got one. This market is weak and it is inflicting it's pain on people. The NQ blew through support and is selling off again in the Globex session. We are watching the support area below for a trigger. The trade long will be for a bounce. The path of least resistance is to the down side. NO TRIGGER, NO TRADE!
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