NQ - 4Hr / Intermediate Draw E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:NQ1! HK_L61 The 4 Hour shows a breakdown in the Cloud projected moving forward and with the Cross again on the 4 Hour of the Momentum and Trending Clouds showing signs of Indecision, this can resolve lower into Thursday. It may well be a situation whereby "Prices Paid" is given the lead as opposed to BS BLS Hedonics. ________________________________________________________ A reduction in Size of Instruments is recommended today until the shakeout over the ST Trend is resolved. Traditionally, the Operators attempt to run Price up into EPS Reporting which begins in earnest next week for Tech. At present there have been no Warnings, they would begin the close of the NYSE today. Globex may end up a very messy affair iIF this was to unfold. Q4 was an unmitigated disaster for COmpanies, many seeing sharp declines in Revenues and EPS . __________________________________________________________ Only 10 Year Yields decline will be supportive of the Indice, so closely observing the ZN reaction will provide all the information a Trader needs to complete their Positions for the Trade. Patience wins this one hands down today.