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KlejdiCuni
Aug 4, 2021 7:18 PM

Nasdaq 100 E-mini Futures: Strong Resistance Area Ahead Short

E-mini Nasdaq-100 FuturesCME

Description

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:



Comment

The volume is still very low and the price seems too weak to move higher.
Comments
randall08v
all of you guys always give the worst ideas the market was very bullish today and everyone say it was the opposite.
KlejdiCuni
@randall08v, Hello mate. You should know that technical analysis it is not an exact science. It's just an opinion based on the data that are collected and interpreted. At the end of the day, the market will make its move. And...Why do all people like you make these strange comments only on the failed ideas ?
And another question for you master...are you correct in all of your analysis?
randall08v
@KlejdiCuni, have you notice that it has been a looooooong time that tecnical analysis on nasdaq has fail?
TRADiNG_hub
High Probably trade Setup
SignalProvider
thanks for sharing
where is your target bro?
Harrisgraph
@SignalProvider, Nice question
Helical_Trades
So far, so good! Nice one mate!
ForexTrendline
It managed to break above somehow, good analysis anyways!
Harrisgraph
I still can't find the target
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