I'm a tad long. Not thinking about an upside target...but will puke below 89.50 in NQ or 80.00 in ES.
Also keep in mind. This isn't a move low in NQ. Just a semi retest of last months lows, albeit still 40pts above them right now.
today, DIA & qubes blown through their 200day SMA. that support is now a resistance. There might be a short live surge of buying from investers "buying cheap". this is especially true for DIA, because it is its first time dipping below 200day SMA in a very long time. as far as qubes is concern, it closed below the large decline from 2 fridays ago(4/30), this is very bearish. the next support is in the gap ranging from 33.8 - 33.25, that was created back in oct, 2003. thats my 2cents what do you think?