can it hit 12000 in the next two days?

Micro E-mini Nasdaq-100 Index Futures (Dec 2022) (CME_MINI:MNQZ2022)

Updated

CME_MINI:MNQZ2022 Micro E-mini Nasdaq-100 Index Futures (Dec 2022)

supportandresistance supplyanddemand nasdaq100 nas100 ndx

if NASDAQ can't make 12000 plus by the end of the month I'm not holding up much hope for any recovery.
500 points in one/two days is not a big ask these days so if it can't find the strength now then I'll be looking for short singles.

Comment:

a close below 5/10 should indicate short

Comment:

I'm not going to get too excited by this 200+ point drop in the last hour. It's was happens over the next few hours that interests me..

Comment:

If the end of day stays this low or lower then the next target to break is September 2022 making new lows for this year.
The following target to break will be September 2020! Yes September 2020....

Comment:

If the market opens below yesterday & stays there we should see it going lower than last week

Comment:

Patience! Last week I said “if the market opens below” so I like to see what happens to the cash before entering the futures trade and it was worth the wait. So this week if you’re looking for the short it will take more patience’s. All the so called smart money is going to the DOW but as soon as that changes shorts signals will be more reliable. Remember ONE wobblily stock (META) does not change the market direction, there needs to be more justification for movement.

Comment:

it's always good to wait for the cash to open and today looks like it could be the day to start another decline. October lows to be the first target.

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