Introduction Nasdaq 100 futures are still consolidating below their June highs, but the structure on the daily chart is starting to take shape. Price closed at 29,718.75, holding just above the rising 50-day moving average after bouncing off a fresh swing low earlier this week. The bigger question is whether this is basing for another Read More…
Introduction Nasdaq 100 futures continue to hold up well after their strong spring rally, even as the index takes a breather below its recent all-time highs. NQ ran from roughly 24,000 in April to a high near 31,000 by early June, and price has spent the last month digesting that move rather than reversing it. Read More…
Introduction Nasdaq futures are consolidating after the explosive rally from the April lows. Since our previous analysis, buyers have successfully defended the 50-day moving average, but they have also struggled to produce a decisive breakout above the 30,800–31,000 resistance zone. Instead of seeing either buyers or sellers take control, NQ has moved into a triangle Read More…
Introduction Nasdaq futures have finally seen the pullback that we discussed in our previous analysis. Back on May 21, we highlighted the bearish divergence developing on the MACD and noted that while the trend remained bullish, momentum was beginning to slow. Since then, that scenario has largely played out. After making fresh all-time highs above Read More…
Introduction Following strength in other US equity markets, the Nasdaq 100 E-mini futures continue to show strong momentum after the aggressive recovery from the April lows. Following the sharp selloff during March and early April when the crisis in the Middle East was at its highest, buyers stepped back into the market and pushed NQ Read More…
Introduction NQ has gone from looking vulnerable a few weeks ago to becoming one of the strongest markets on the board again. The rebound from the April lows has been extremely aggressive. Price reclaimed the 200-day moving average, pushed through the 50-day shortly after, and the MACD is at an all-time high. Since then, the Read More…
