NQ - Daily / Technical Damage Continues to Compound
NQ - Daily / Technical Damage Continues to Compound

NQ closed ~ 2800 Points of
Confidence remains absent, the attempts to Buy
lower in Price has as be ab exercise in failure.
NQ's Daily Count and Structure requires a large retracement
in order to begin to reduce the
within the Larger Weekly and Monthy Timeframes.
IN looking over those two charts, neither suggest it would be
wise to buy.
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Principled trading has reduced many senior participants to the Sidelines.
Liquidity cuts both days when the Selling ceases.
It would be surprising not to see an effort made to provide a relief rally.
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follow suit.
The pressure would be extraordinary.