jsaettele

Nasdaq Holds Massive Level Again

Long
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NQ held the top side of the line that originates at the November 2014 high.  This line crosses highs in 2018 and 2020, and lows  in 2020.  It was also support on 2/24.  I'm 'thinking' that price attempts a recovery back into 15000+.  There's a lot up there for resistance, including the underside of former channel support, the 200 day average, and the 61.8% retrace.

-Jamie Saettele

scandinavianmarkets.com/funded-trader/

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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