Nasdaq Futures Analysis-22May2020

Nasdaq Futures (NQM20) are currently at 9377, and their near term target is 9490-9500, which is matching the the upper end of the bollinger band.

Traders can keep 9490 as the target on their long trades of Nasdaq futures. There will be significant resistance around 9500 level, and traders should take profit at 9500 level and wait for a few hours for market direction to become clear. There is strong support for Nasdaq futures at 9350-9380 level in the short term.

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