Technical Breakdown Resistance Zone (22,264 – 22,425): MACD: Moving Averages: Outlook & Trade Setup: Term Bias Notes Short-Term (1–2 weeks) Cautious Bullish Price nearing ATH, but momentum is fading. Risk of rejection. Medium-Term (June–July) Bullish Breakout above ATH could trigger a run to 23,151 (R2) or 24,444 (R3). Long-Term Structural Uptrend Macro trend remains bullish Read More…
Technical Overview Resistance Zone & ATH Key Pivot Levels Pivot Zone Price ATH / R1 22,425.75 R2 23,151.50 R3 24,444.00 Pivot (neutral) 20,971.50 S1 (support) 20,084.00 It looks like its just a matter of time before the price breaks above the high but nothing is certain in markets so we have to wait and see. Read More…
The NASDAQ 100 futures (NQ) are suffering a brutal decline along with all other US markets, closing at 16,613, down 5.28% for the session. This marks a cumulative drop of 26.67% from the February highs, officially placing the tech-heavy index in bear market territory. Lets take a closer look. Macro & Fundamental Backdrop The NQ Read More…
Introduction The NASDAQ 100 (NQ) has staged a strong short-term recovery from the 19,000 support zone, pushing back above the lower trendline of the long-term rising channel. This move follows a steep correction off the double top formation near 22,000. Technical Breakdown Chart Structure Bull vs Bear Case Bull Case: Bear Case: Trade Opportunities (Short-Term) Read More…
Introduction NASDAQ 100 E-mini futures (NQ) have broken below their long-term ascending trendline, signaling a potential shift in market momentum. The index failed to reclaim its all-time high (ATH) at 22,425.75, leading to a breakdown that has taken price below key support levels. As of today, NQ is trading at 20,676.25, up +0.34%, attempting to Read More…
Introduction The NASDAQ 100 E-mini futures (NQ) have broken out of a symmetrical triangle pattern. After weeks of consolidation, price action shows that buyers are regaining control, pushing NQ towards its all-time high (ATH) of 22,425.75. As of today, NQ is trading at 22,135.75, up +0.10%, holding above key support levels. The breakout above the Read More…
