AdvancedPlays

NQ Rejection

Short
AdvancedPlays Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NQ had a nice rally this morning, but quickly rejected after consumer sentiment and some fed speakers. I thought it would hold above 18240 on a retest, but it hasn't so far. If it can't reclaim, it will most likely head back towards 18k.
Comment:
NQ managed to close above 18240. I'm neutral at this point, but I think we could see a bigger move next week with CPI and PPI.

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