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…
Tag: NQ
Are Equities Too Hot Right Now? Nasdaq Technical Analysis
Intro NQ has rallied 9% in a little over a week and is now only 4% away from all-time highs. With all the geopolitical mentions going on around the world it just shows that markets are 100% completely disconnected from reality. We are living in a ‘fake’ time and nobody is considering the risks that Read More…
Are The NASDAQ Futures (NQ) Over Sold? Technical Outlook
The market plunged last week, taking out key support levels as the daily chart resembles a rounding top formation. From here, the market still looks bullish in the medium to long term, but let’s take a look at the technicals and levels to watch for this week. You can see the $14,700 level, which was Read More…
NASDAQ Futures (NQ) Price Action Mixed
Introduction Last Friday NQ closed the week’s session in the form of a spinning top. The price action is mixed, but there is a case that looks stronger for bulls than for bears from here. The reason is due to the large uptrend we have seen in equities this year, as well as the small Read More…
Nasdaq Futures (NQ) Consolidate. Is it time to buy?
Technical Analysis NQ is currently stuck within a range that could be used as an opportunity to buy lows as the general market sentiment remains bullish. Once the bounce occurred on August 18th, NQ began moving sideways as traders who got in early were taking profits. Traders who missed the move have begun buying, hoping Read More…
NASDAQ Futures (NQ) Bulls Well In The Green
Recap August 18th was the last time we looked at NQ. The market was retracing after a strong bull trend that lasted the entirety of this year. Just as we expected, the drop was only a correction and provided us with opportunities to go long. The correction was much needed as the market’s most significant Read More…