$NQ #NQ-mini #trading futures #Elliott Wave
On Wednesday I noted that NQ would drop 500 pts until it tags the Green box:

NQ-mini Daily chart
This is how that Daily chart of NQ-mini futures looks like now:

Not only NQ tagged the Green Traget box but it also tested support of the blue trend line.
Note that 18,930 was the double top made back in March 2024.
That strong resistance should now work as a strong support.
I expected and continue to expect bulls to produce at least a large corrective -a-b-c- up bounce off that Green Box. That bounce should be able to retrace at least 50% of the July decline.