Tag: NQ

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…

Introduction Nasdaq-100 futures have continued to rally, with 7 out of 9 candles in the green for the past sessions. Price is 3.2% away from the all-time high of 26,404, and bulls will be trying to push through that in the next few sessions. Let’s break down the technicals and see what they tell us. Read More…

Introduction Nasdaq-100 futures (NQ) are stabilizing after bouncing from a multi-week low near 24,300 earlier in November. The index has now reclaimed the 25,000 level and is trading just beneath a major resistance band that has capped every rally since late October. From here, bears could try to push the price back to the level Read More…

Introduction The Nasdaq 100 Futures (NQ) are attempting to consolidate after a sharp drop that pushed the price back into the support zone in last week’s analysis. On November 17, NQ dipped below the support band at 24,400 and the 50-day moving average. Since then, the index has continued to weaken. Let’s take a closer Read More…