Introduction The Nasdaq 100 has pulled back from resistance after another failed attempt to push into new highs. While the broader trend remains bullish on a higher-timeframe basis, recent price action shows a market that is struggling to extend higher in the short term. This isn’t a breakdown. But it is a reminder that upside Read More…
Introduction Nasdaq 100 E-mini Futures (NQ) have pulled back from recent highs after failing to sustain a breakout attempt above all-time highs. Following a strong multi-month rally, price is now rotating lower toward support, marking a shift from momentum expansion into consolidation. From here, the first support will be the 50 moving average, which also Read More…
Introduction The Nasdaq 100 E-mini Futures (NQ) have pulled back sharply after another failed attempt to break into new all-time highs. Following weeks of consolidation near record levels, sellers have stepped in with increased conviction, producing a strong downside move and shifting short-term momentum. The price has broken below an upward-sloping trendline that formed since Read More…
Introduction U.S. equity markets continue to show strength, and the Nasdaq 100 E-mini Futures (NQ) remain at the forefront. Price is now approaching all-time highs again, and bulls are regaining the upper hand after a period of consolidation since October. The main thing driving risk assets is when the Federal Reserve will start cutting interest Read More…
Introduction The long-term NQ trend continues to the upside along with the other US index markets. The price has been consolidating, however, since hitting an ATH of 26,399 in November, and a symmetrical triangle is now forming. Traders and investors are watching U.S. inflation data, labor market reports, and the FOMC, and any bullish developments Read More…
Introduction Nasdaq 100 futures have been consolidating between 24,000 and 26,000 since October after seeing an 18% rally this year. The 50 moving average, which has held as strong support, is still doing its job, but not as well as a few months ago, showing that the buying power is lower and profit-taking is dominating. Read More…
