Analysis of Nasdaq-100 E-mini Futures (NQ) daily chart as of Friday, 12 June 2026.
NQ Daily Chart Analysis – Friday, 12 June 2026
Nasdaq 100 E-Mini Jun ’26 Futures closed at 29,662.00, up +197.25 (+0.67%) on the day.
Daily range for 12 June: The broader NQ market showed a high of 30,309.8 and low of 29,952.5 with current price 30,239.5, up +1.92% on the day. The Barchart data shows the Jun ’26 contract specifically at 29,662.
Moving Averages – Daily Timeframe
As of 12 June 2026:
|
Period |
MA Level |
Price vs MA |
% Change |
|---|---|---|---|
|
5-Day |
29,250.50 |
+635.50 |
+2.19% |
|
20-Day |
29,708.05 |
-25.75 |
-0.09% |
|
50-Day |
28,130.80 |
+5,444.00 |
+22.48% |
|
200-Day |
26,084.82 |
+5,327.50 |
+21.89% |
Takeaway: Price closed above the 5, 50, 100, and 200-day MAs, but slightly below the 20-day MA at 29,708. The 50-day EMA acted as support earlier this week – DailyForex noted NQ “bounced from 50-day EMA” on Thursday and was trading above the crucial 28,500 level.
Momentum & Oscillators
- RSI 14-day: 54.76 – neutral, not overbought/oversold
- Stochastics %K/%D 14-day: 38.73% / 32.81% – still in lower half, room to run
- ADX 14-day: 30.32 with +DI 17.36 vs -DI 21.19 – trend strength moderate, sellers had slight edge recently
Key Levels Traders Were Watching
Nasdaq100 futures Resistance:
- 30,770.00 – next target per FxPro wave analysis, top of previous impulse wave 3
- 25,050–25,210 zone – “heavy resistance” with rejection wicks
- 25,621 – key breakout level
Nasdaq100 futures Support:
- 28,585.00 – support zone with 38.2% Fib of April impulse + lower Bollinger Band
- 28,227.75 – 5-day period low from 06/09/26
- 24,624–24,565 – immediate support zone
Structure & Sentiment on 12 June
- Short-term trend: NQ put in a +2.19% 5-day performance, but was -0.09% vs the 20-day. Daily timeframe was transitioning from “balance” to “Up” per MGI analysis.
- Wave view: FxPro noted a bullish reversal from support with a “Bullish Engulfing” daily candle, starting impulse wave 3. Target 30,770.00.
- Fundamental backdrop: Thursday saw initial selloff on US-Iran tensions, but buyers stepped in as rates drifted lower.
- Volatility: 14-day ATR was 701.29 or 2.36%, with average daily range 2.48%. So ∼700 point daily ranges are normal.
What This Means for Monday (15 June 2026)
- Bull case: Close above 5-day MA and bounce from 50-day EMA shows dip-buyers active. If NQ reclaims 29,708 (the 20-day MA), then the next target is 30,770 (strong resistance at recent previous high 30,800).
- Bear case: Failed bounce attempts and “lower highs” were noted earlier in the week. Acceptance below 25,000 would keep structure weak.
- Key Levels: 28,500 and 50-day EMA at 28,130. Above that, and bulls keep control.