JUNE NQ 100 FUTURES NOTES
TODAY’S COMMENTS: (4/24) NQ got to 17795 today and a B wave pullback could get to 17515 in the next day before the market would get up to 18050 or a bit more into Friday/Monday. This is the last chance to get out of tech stocks which should fall into August and if the S & P cash falls to 3800 or more, NQ 100 futures will at least retest the Jan 2023 low near 10750.
XLK (4/24) . First bounce will go to 199.62. Focus on bounces to exit as buying is countertrend. Not clear on pullback. With NQ projecting 18050, we might see 204.00 before it’s over.