tradingformoney

3897.50 next support line on nq1?

Long
CME:NQ1!   None
0
The ichimoku cloud has recently had a kijun cross over the tenkan, however the tenkan has crossed to equality with the kijun. If the tenkan crosses over the kijun i am seeing that the market can go higher if it can get a close above the 3897.50 area. Especially at the 3900 area ( round number).

If the market sustains that 3897.50 area as support, the resistance level could come in at the 4171.50 range.
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