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NASDAQ LEVELS To Look Out For

Long
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
EmpowerTrader  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis Harmonic Patterns Chart Patterns NASDAQ 100 CFD NASDAQ 100 E-MINI FUTURES S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) nasdaq NASDAQ 100 CFD djia
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trendanalysis harmonicpatterns chartpattern ndx nq1! spx500 spy spx nasdaq nas100 djia
NDX Holding the current support level at 12700. If the index breaks this level a re-test or a continued sell-off is in play.

Scenario 1: Re-test at 12400 or a re-test of the monthly low at 12200.

Scenario 2: A continued sell-off could force the price to test the 200 MA. A move to test the 200 MA would be mean this sell-off will approach -15%!

Nevertheless, as long as the index holds at 12700, we're looking bullish for the time being.

snapshot
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