What is the Next Move for NASDAQ 100 Futures?
Quite frankly, we don't know the answer. The index continues its uptrend and therefore, hit the all-time high on 18 August 2020.
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From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance between 11700 and 11841.50. That's a short technical analysis and we shall see what the index is going to do in the next few trading sessions.
Good trading!
From the Desk of NinjaSingapore
19 August 2020
.
From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance between 11700 and 11841.50. That's a short technical analysis and we shall see what the index is going to do in the next few trading sessions.
Good trading!
From the Desk of NinjaSingapore
19 August 2020
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