$NQ #breakdown
NQ has a short term bearish look. That wave count allows bears to push NQ down to 24,400:

NQ-mini 240 min chart
If we get a quick drop, we would be able to consider it as the second leg down in a corrective (a) down, (b) up, (c) down structure.
Now let’s have a look at a micro chart showing weekly levels of this week:

NQ-mini 15 min chart
Check the sequence:
First, a break below the green weekly support.
Then a bounce into red monthly resistance.
Bulls fail twice and get rejected at red weekly resistance.
This structure suggests a breakdown may be brewing.
A clean break below the green weekly support at 25,658 would likely open the door for a move down toward weekly support S1 at 25,387.