Tag Archives: Nasdaq100 Futures Trading Strategy

Nasdaq Futures Analysis- 19Apr2024

Nasdaq100 futures have corrected from about 1500 points in the last one week from 18,600 to 17,100 because of the fears of escalating war in the middle east. The Nasdaq futures are in oversold zone now as per the very reliable momentum indicator (CCI indicator). This is an area of rapid price correction, and we have to wait for the momentum indicator (CCI indicator) to start moving up from this oversold zone.

The Nasdaq futures have a strong support at 17,000 level and we can expect a reversal around current levels. Once the reversal starts, Nasdaq futures can recover till at least 17,800 before facing resistance, and 18,000 level will also present strong resistance.

Nasdaq Futures Analysis- 08Feb2023

Nasdaq futures (NQ) hourly chart analysis for today 08 Feb 2023 — the uptrend is still on (started in early Jan 2023).

Our Nasdaq100 Futures Trading Strategy currently is that all trades need to be on the long side. And all corrections have been suitable for buying since early Jan 2023.

12K was a key level to be tested, as mentioned in our posts in early Jan 2023, and it has been achieved and 13K was almost hit last week.

13K level is a major resistance zone, so it will take sustained buying to cross that level.