NQ - 1 Hour E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:NQ1! HK_L61 Short term overbought condition may well be relieved on the PPI Release as I expect it to be Hot @ 10%+. Of course, this will depend on whether or not it's a Legit Number. In reality, 10% is a level of concern for the Operators, a serious one. Rate sensitivity may well return today, as the Range expands. 15479 to 16036 - 550 Ticks+. Unable to cross the .500 @ 16036.75 - concerns are mounting even with a Large Daily Gap above as to whether it can be filled at this time. Caution warranted into the institutional open @ 10 AM EST is given a High Priority.