New HOD on NQ. Careful shorting this. Remember that we're down a lot already. Can easily go up to 3127 and end the day unchanged...
It's in consolidation. I wouldn't get too lathered up about anything until it shows it's hand. Of course I'm not a levels trader so that's a different game.
I'm not saying it will or it won't, but this market has had plenty of day with NQ closing green and ES closing red, sometimes with a very hard spread. ES back above 67.50 at this point would indicate NQ leading every higher, I suppose.
The next 5 minutes will be a tell of sorts. Three drives higher right now gives 50/50 ... a reversal here and odds of going all the way back to the Globex low increases, but a strong breakout above 71.75 and I'd be looking for a gap fill back to yesterday's RTH close.
Eliminating risk with a stop at 3056 = + 1,0. Well in the money now, but won't micro manage myself out of this one. I don't see any major turning points above until 3087. EDIT: Maybe I'm micro-managing myself out of the trade now, but putting the stop at 3065 = + 10,0.