No longer short here, NQ tags 2231.75, which is 150% IB. That could be it, if ES holds 1215.50, 50%. Risk is still NQ 2227, but odds are not in favor of staying short now. If NQ does drop to close its gap at 2227, realize that ES could eventually do the same (1204.75). At the very least, it would go down to 1210/1211, so play this tight.
why would you go long on a new low of the day when we just broke the major support of yesterday's high and are on our way to fill the gap? We also broke a big trend-line on the hourly? may be waiting for at least 1/2 gap fill is a better idea?
why would you go long on a new low of the day when we just broke the major support of yesterday's high and are on our way to fill the gap? may be waiting for at least 1/2 gap fill is a better idea?