SpecialeAnalysis

NQ1! - Weekly Market Update, 10/17

CME_MINI:NQ1!   Futuros NASDAQ 100 E-mini
The indices had a rather wild week, the technicals are approaching being oversold. A bounce from here would not be unexpected as there is some consolidation occurring as price is currently hovering around the June low's area.

I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.

I've adjusted support and resistance structures accordingly.

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