Nasdaq futures have been moving up in a parabolic move, which will be broken below 11,000 level, and there will be strong selling pressure below 11,000. Nasdaq futures have strong support at 10,980 and it has been tested successfully multiple times. Therefore, Traders can stay long above 11,000 for Target 11,230.
Hello Folks, how are you doing? We wanted to share our latest Nasdaq Futures Trading Report, published today afternoon. It includes our technical analysis and trading strategy based on key support and resistance levels on the longer-term weekly charts. Nasdaq100 index is at a critical level, and traders must be very cautious on their long trades. Hope you find it useful. Please let us know if you have any questions or comments. Thanks!
Best Wishes, Shankar #Nasdaq100 #NDX #NQ
