TradesByAdvait

Nasdaq Futures contract are set to go lower in September

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
I have drawn the fib retracement chart from the recent high to the most recent pullback. If the Nasdaq futures contract cannot hold the 0.618 level then that opens up a lot of downside for the Nasdaq markets. And the seasonality will kick in for the September month as well. so brace for some choppy market action.
NQ1!

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