@NQ 

Analysis of weekly, daily and 4 hour

WEEKLY - /NQ was trading a giant channel up until early August 2015. Then a bear spike and channel with a return to the S.O.C. at 3915. Right now NQ is having it's second test out. If it fails this test it's headed back to that critical 3915 area. If it stays above the cloud, we'll see NQ test 4550 and then the all time high of 4739. 

Three bearish indicators:

*small cloud twist red

* thin cloud

* coming off a bear flag / bear S&C

PRIMARY  HYPO based on WEEKLY Chart (BEARISH): 

1) Completes the M-Top and then fails down to 4293 and then down to 3905

2) BULLISH Continues rotation UP in the channel to 4555

 

DAILY

The Daily chart - /NQ is inside a green cloud / neutral. Could be seen to either be rotating within a 2 month long channel or coming out of a bull flag (a good time for buyers right now within that channel) between 4298 and 4555. Right now sitting at 4379. 

Three conservatively bullish indicators:

1) inside green cloud

2) rotating upward in channel

3) coming out of a bull flag

PRIMARY  HYPO - Conservatively Bullish

1. 4400 is an important support. If it holds 4400, it will head up to 4550. Buyers want to look for the pullback at 4400. 

2. Secondary hypo - Resistance at 4400 and fails below 4330 all the way back down to 4152 and possibly 3950

 

4 HOUR

The 4h is much more bullish. Probably because of today's AAPL / Berkshire Hathaway news.

Buyers want to buy on a pullback to 4355 level of support.