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ajd
Mar 4, 2021 5:12 AM

Potential NQ Support Long

E-mini Nasdaq-100 FuturesCME

Description

NQ at potential support. Looks like NDX will open lower Thursday . . . and it was somewhat expected that futures would gravitate lower considering VXN closed in no-mans-land today. . . anticipating a tap of VXN at the 36 level resistance and then NDX to the upside. PCC is within normal levels indicating to me that there is little panic and/or bearish sentiment has low conviction.
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