KoosKanmar

$NQ1! Nasdaq100 futures on support

KoosKanmar Updated   
CME_MINI_DL:NQ1!   NASDAQ 100 E-mini Futures
Nasdaq 100 futures is currently on support
Expecting a little bounce here
If support breaks, then next line of defence is a thousand points lower
Markets look weak
Trade active
Order cancelled:
Rejection at the 40 day SMA.
US bonds indicating much higher interest rate in coming months/years.
Moving from buying the dip to selling into strength might be a better option for the near future.

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.