Levels to Watch In NQ

The NQ (Nasdaq 100 Futures) are down this morning but still over the 15325 lower end of the pivot. We will need to see a sustained break of this level to signal that we are already in the wave (ii) of iii down.  Until that level breaks I still have to allow for a wave c of (ii) to move higher into the 15479-15628 zone.  

If we do break down, then the 15204 level is going to act as the next key pivot/support level below to confirm that we are moving lower in the wave iii of 3 down. 

But, again, we first need to see a sustained break of that 15325 level to give us a signal that we have indeed begun the wave (iii) of iii down.