FUTURE OF NQ AND TECH?

NQ is bouncing and futures will probably stall near 18862 and pullback a 200 points today. If you want to gamble on the debate on CPI for Wednesday, NQ is poised to get up to 19400 before the next setback. That is a countertrend trade as new lows will come from there.  How much of a pullback?   Upside for key tech stocks with NVDA to 111 is not much and APPLE’s preview was a dud the market is back at key support at 216.  We expect a recovery into FOMC and then another push lower and seasonally, stocks often bottom in early October during election years. The market continues to flirt with a major muti-year top but has not triggered a major signal yet and will do so if S & P cash takes out 4950.  Stay in touch with this fascinating market. WIll NVDA spook everyone and tank to 79-83?

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