NQ is on fire!!!

HMM... see attached. (note: my charts are PST time) after chicago close.. we went immediately down another...clearly staying under the big 5800 mark...now drifted slowly back to test 5800... HMM is 5800 the new resistance????? or are we putting in a bounce to retrace the sell off...????

Update 4:40 PM PST.... we have now hit the 5800 5 times since the Chicago close and been rejected each time.... HMM if I had to guess I say we are headed lower tomorrow... next support I see is from last week when we bounced off 5760... if we break below that, could we shoot down to test the 5584 support from early July ???

I will be watching over night
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Jdesey said:
...HMM is 5800 the new resistance????? or are we putting in a bounce to retrace the sell off...????

Update 4:40 PM PST.... we have now hit the 5800 5 times since the Chicago close and been rejected each time.... HMM if I had to guess I say we are headed lower tomorrow... next support I see is from last week when we bounced off 5760... if we break below that, could we shoot down to test the 5584 support from early July ???

I will be watching over night...
More...

Well, Asian markets are about to open. I am thinking they will not react well to the terror attack in Spain...

Also, where do you see it has hit 5800 5 times? Highest I show since the open is 5798.75?
 
Okay approx 5800 or so... how's that

damm Overnight... I do not trade outside of Chicago hours... but it is SOOO tempting to go short here

oaky Asia is opening...let's see what happens next
 
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