Looking at the Nasdaq futures chart, it seems like it's set to retest the bottom of that narrowing pennant formation—right around where the blue indicator is pointing.
It could break below that level, but personally, I'm considering buying Nasdaq futures and QQQ call options near that area for a potential rebound.
NQ_F $Invesco QQQ(QQQ)$ $ProShares UltraPro QQQ(TQQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $Direxion Daily Technology Bull 3X Shares(TECL)$
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