NQ Mini-NASDAQ (Last Trade: 1080.00)

A moderate decline could be expected to find support at 1184.25, a Hidden Pivot support. Let’s be ready to bottom-fish there with an 1184.50 bid, stop 1182.75. Switch to a trailing stop at 1196.00 and use 1205.00 as a minimum objective. The trade should not be attempted in the final hour, nor should you hold it over the weekend. If the Naz surprises us with a show of strength, it would take a print at 1120.00 to convince the hourly chart that the rally means something. _______ UPDATE: My apologies. During last night’s pajama party in the chat room, someone tried to point out to me the egregious error above, but I got distracted and neglected to check it; for if I had, the numbers would have come out very different. In fact, the futures appear southbound to at least 1002.75, having smashed through a midpoint support this morning at 1063.75.