Technical Analysis

NASDAQ Futures (NQ) Surge, RSI Overbought

Understanding the Recent Surge in NASDAQ and US Equity Markets Over the past week, the NASDAQ and other US equity markets have surged. This rally can be attributed to favorable economic data, strong corporate earnings, historical market patterns, and legislative support. One of the primary drivers behind the market’s recent strength is the softer inflation Read More…

Technical Analysis

NASDAQ Futures (NQ) Trade Opportunities

Weekly Chart Analysis: Key Levels to Monitor: Daily Chart Analysis: Trade Strategy: Before entering any trade, confirm it aligns with your risk tolerance and trading plan. Monitor the trade actively, adjusting stop-losses and targets as the market moves. Stay informed and be ready to act on new information that could influence market direction.

Technical Analysis

NASDAQ Futures (NQ) Hit New ATH: Technical Analysis

Like most markets around the world at the moment, US equities are on a tear, especially after the rate data yesterday. It is really difficult to find a bearish opportunity in this market, which points us in the direction of ‘the trend is your friend’. Daily Chart:The market is trading within a rising channel, showing Read More…

Technical Analysis

NASDAQ Futures (NQ) Eyeing New Records: Aiming for All-Time Highs

Introduction Today, we take a technical view of the NASDAQ 100 E-mini Futures (NQ) using both weekly and daily charts to identify critical price levels and trends. Equities are targeting all-time highs, and NQ is no different. Let’s see what the charts tell us and if we see all-time highs being hit by year’s end. Read More…

Technical Analysis

Nasdaq Futures (NQ) Sink After Trend Line Test

Price finds resistance at the year-long trend line once more. Yesterday’s session forms a bearish candle, but bulls appear to still be in control. Why the market rally we have seen recently is purely fundamental. Year Long Trend Line Strikes Again The trend channel we have discussed so many times in the technicals has proven Read More…