Bullishcharts

$NQ Nasdaq Set For a Relief Bounce

Long
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures

The Nasdaq is by far the most vulnerable of the indexes as many
of the momentum trades have been cashed in over the past week.
Reality that valuations matter and stocks do go down have given some
much needed lessons to FOMO investors.
Lets hope we get at the very least a relief rally today id Jobs data is positive.
Supports to watch
20ma | Mid Channel | Major Pivot Point | Fibonacci .382 & .5 | Daily horizontal
support level $11469
RSI is also at a reversal point.

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