ProSTrades

Nasdaq100 - Setup for the LONG side?

Long
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Previous trade at 7110 (short) for targeted 40 pts was hit with minimal pt draw down. In fact the move ended up going 80+ pts.

Next setup I'm monitoring, should price get down there, will be at 6950 (long) for a targeted 40 pts - with potential for 80 pts.

There might even be a potential reversal at 7000/6990 that could be worth something. However, If price moves above 7090 before then, this setup become invalid for me.


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