Nasdaq treading waters over key LT support

E-mini Nasdaq-100 FuturesCME

Description

⋅ Oct 16, 2018 10:29 AM

Nasdaq coming into 100 WMA and rising channel support of 2016-2108 bull. Key confluence level to hold ahead of earnings and midterms. Important inflection point in time for the bulls given deteriorating momentum and breath.

Comment

⋅ Oct 16, 2018 11:05 AM

*55 WMA

Trend Analysis