NASDAQ Futures At the moment

NASDAQ 100 E-Mini Futures Evaluation (January 9, 2025)

Present NQ Market Overview

• Bearish Bias: Worth is presently close to 21,250, under the important bearish threshold of 21,293. So long as worth stays under this stage, the bearish state of affairs is in management.
• Bullish Set off: Bulls have to reclaim 21,293 minimal however moreso, 21,310 to shift the bias upward. With out this reclaim, bearish dominance persists.

Key Ranges to Watch For Nasdaq Futures At the moment

Bullish State of affairs for Nasdaq Futures

If 21,310 is reclaimed (much less likley at this time):

1. Revenue Targets for Nasdaq Bulls:

   • 21,350: A reasonable resistance zone and short-term revenue goal.
   • 21,394: Yesterday’s POC and the worth space low from January third.
   • 21,450: POC of two days in the past, offering a robust resistance goal.
   • Prolonged Targets within the Nasdaq Bullish State of affairs:
     • 21,531: Slightly below the VWAP of January seventh.
     • 21,634: Slightly below the worth space excessive of January seventh.

2. Technique for Nasdaq Bulls:

   • Partial profit-taking is really helpful close to every goal to mitigate threat.
   • Maintain a runner place if worth builds momentum above 21,450, concentrating on the prolonged targets talked about above.

Bearish State of affairs for Nasdaq Futues At the moment

If worth stays under 21,282:

1. Revenue Targets for Nasdaq Bears:

   • 21,225: POC from December third.
   • 21,150: Close to the worth space low from January 2nd. A important line within the sand for additional bearish continuation.
   • 21,000: Psychological spherical quantity and a possible liquidity goal.
   • Longer-Time period Targets:
     • 20,985: Simply above the historic worth space low from November 21st.
     • 20,550: An prolonged swing goal for runners.

2. Technique for Nasdaq Bears:

   • Gradual partial profit-taking as every goal is reached.
   • Depart 20% of your place as a runner for a possible swing commerce towards decrease targets.

Buying and selling Suggestions

• Danger Administration: Place measurement and partial revenue exits are key. Keep away from leaving full positions open within the face of potential reversals.
• Adaptability: Use this evaluation as a information however regulate primarily based in your buying and selling type (e.g., candle evaluation, order circulation, or fundamentals).
• Spherical Numbers and Key Ranges: Ranges ending in 50 or 00 typically appeal to liquidity and act as worth magnets.

Abstract for At the moment’s Nasdaq Futures Market

The market is leaning bearish, however there may be at all times the potential for bullish reversals if the important thing set off stage for bulls (21,310) is reclaimed. Use the outlined ranges as partial profit-taking zones and control psychological spherical numbers. For longer-term trades, runners concentrating on ranges like 20,985 and 20,550 could also be a viable technique relying on market momentum.

Commerce at your personal threat, and handle positions actively to keep away from overexposure. Keep versatile and take earnings alongside the way in which! Go to ForexLive.com for extra views.

This text was written by Itai Levitan at www.ubaidahsan.com.



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