We like the advance that the Nasdaq has undertaken. We are and continue to be in the camp that Tech will outperform here for the remainder of the year. Equities in general are exhibiting wishful thinking in regards to the FEDs hike faster and quit hiking mentality. For now the FED will most likely go 75bps next week and we would think the market has already priced that in, so any knee jerk reaction lower will most likely be met with bids and will offer attractive levels to get long. As far as NQ futures, 12250 is key now with 12890 the next upside level to target, expect resistance, but we suspect continued support:
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