Auguraltrader

NASDAQ, the new interest for 2022

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
With the massive retracement on the NASDAQ, it is now an interest to keep an eye on. This retracement is way overdue and so will be deep.
Thus, providing a good opportunity to position oneself near reasonable levels.

13,500 is the immediate level that must be held.
Daily and Weekly charts coincide at the is level so there is some significance IMHO.
A preliminary Buy Zone is targeted.

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.