With the new Omicron Covid variant hitting US props it places largely valued equity requests similar as the Nasdaq in the crosshair of bears. 
 As the old byword goes, “ covers are a process, bottoms are an event”. And that may well be what we ’re witnessing on equity requests at present if the new Covid variant really does ruin Christmas. Indeed before Covid hit the caption again we saw a many crucial reversal days and lower highs which dealers bought, only they failed to take prices to new highs. Only now the strike appears to be accelerating, so we ’ll be keeping a close eye on how price action unfolds. In moment’s videotape we look at the Nasdaq 100 futures map to identify a bearish reversal pattern and intraday situations, also finish on the Nasdaq 100 stock request map.