edjpman
Long

NQ1! Looking To Make New Highs?

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Nasdaq held resistance level set by previous weeks highs at 7539. Buyers also stepped in (indicated by the bullish candles holding the trend line ) helping trend upward in the formation of a wedge . We could possibly see the Nasdaq make more new highs if it can hold the level at 7613. A break of that level could lead to a period of consolidation to where the market could either break higher or fail and break below the 7539.
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