NQ - Daily / Technical Damage Continues to Compound E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:NQ1! HK_L61 NQ closed ~ 2800 Points of df its November Highs. 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 Scope , Scale, and Velocity within the Larger Weekly and Monthy Timeframes. IN looking over those two charts, neither suggest it would be wise to buy. ___________________________________________________ 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. _____________________________________________________ Tesla was an important EPS indication... the issue will be - does Apple follow suit. The pressure would be extraordinary.