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ArcadiaTrading
Mar 1, 2023 11:06 PM

NADSAQ/QQQ Support & Resistance Range Analysis Long

E-mini Nasdaq-100 FuturesCME

Description

We have been trading in range since last Friday, i am looking for volatility to come in very soon either tomorrow or Friday after we have been tightening up for some time.

I am sightly more bullish because i am looking for a weekly higher low, if this isn't the weekly higher low i would get stopped out with a small loss at these levels as now we have a clear double bottom support level to look out for with QQQ/NASDAQ.

Currently holding a TQQQ position $21.57, if we break bear tomorrow will likely stop out with a small loss.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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