CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Rising wedge + distribution here.

2hour MFI and CCI overbought.

Retested rising wedge today.



Only thing would change my opinion here is a weekly close over 13k




Here you can see the channel NQ is in.. look at the positioning. Resistance is around 13,180.. another 1½% upside maybe.. we should have been tested support.


Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.