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DCheethamCFA

Bullish hammer on Nasdaq

Long
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
DCheethamCFA  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis Technical Indicators nasdaq NQ
2
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trendanalysis indicator nasdaq nq
After falling to its lowest level in almost 2 months the Nasdaq managed to bounce and print a bullish hammer on D1.

Longer term uptrend identified by D1 Ichimoku cloud remains in tact.

Market leaders Apple and Amazon also showed positive price action.

Entering long with SL at 10610, targeting a move back towards prior highs around 12450.
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