es/nq review 4-02-19

The ES already tested and broke through to new highs – although marginally. Today was the day I thought the NQ would play catchup which it did. Lead by AAPL and FB is traded to a high of 7532.50 and a new cash high of 7507.05 above the prior high of 7505.41. The futures contract high is 7537-44 ( pit vs globex). While the trend is clearly up, but what is the next set up. A down open would make me a buyer an open to targets above new highs or rally there might be a good set up for a trading short. We will see tomorrow how things set up.

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