We have a big week ahead for earnings, including a Super Thursday when GOOG, AMZN, and AAPL all report after the close. After a torrid, painful move last Monday, we were fortunate to spend the rest of the week getting healthy in our core MNQ short position and now continue to trade around it this evening on the futures open.
The ADX is bear-neutral here in the low 400s with the one-week POC and LOTS of overhead supply up near 845.
Working targets at 401 (target literally just hit while writing this post) with adds at 549.
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