ES has key levels to hold at 4450 and 4400 underneath.
NQ back in prior area of consolidation prior to Monday’s move down.
In the last 3 months Fortinet Inc ($FTNT LTP $310.54) returned nearly 30% to the investors in the market value and in the last one year 169%. In spite of that, there is still positives with the stock with the world still mostly in lock down and gaming is still the favorite pastime along side streaming. On Thursday, the stock was higher by nearly 3% with a bullish momentum with rising RSI and Stochastic. The price was crossing over 50EMA and 20EMA meaning there is more prospects the price could reach the recent high of $322.00 in the next couple of weeks.
On the downside, the next support level for the stock is at $280.00 which may not be a strong level to hold on for a long time and it could further slide in the interim.