Nasdaq 100 E-mini Futures: Strong Resistance Area Ahead
NQ - the price is losing bullish momentum. In the last 2 hours as we can see the candles formed long tails. This is a sign that the price is testing a very strong resistance zone near 15075 - 15106.
If this zone is going to hold we may see the price moves lower up to 14935 and 14847.
Thank you and Good Luck!
Previous analysis:
www.tradingview.com/...t-Is-Possible-Again/
www.tradingview.com/...al-Sideways-Trading/
If this zone is going to hold we may see the price moves lower up to 14935 and 14847.
Thank you and Good Luck!
Previous analysis:
www.tradingview.com/...t-Is-Possible-Again/
www.tradingview.com/...al-Sideways-Trading/
Comment:
The volume is still very low and the price seems too weak to move higher.
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