Current Price of Nasdaq Futures: Approximately 21,843
Bullish above 21,880Bearish below 21,827
Nasdaq Futures Bearish Scenario
Nasdaq Bearish Targets:
21,817 – Just above today’s developing Value Area Low (VAL).21,798 – Near the psychological round number of 21,800 and slightly above today’s opening VWAP.21,777 – Above the Value Area High (VAH) from two days ago.21,765 – Above yesterday’s VAH.21,732 – Above yesterday’s POC and near the first standard deviation of yesterday’s VWAP.21,671 – Above yesterday’s VAL.21,632 – Just above the VAL from yesterday, marking a deeper bearish move.Why 21,880?A break above 21,880 would place the price above today’s high and the second standard deviation of VWAP, suggesting a strong bullish trend.
21,900 – A key psychological round number.21,942 – Just below the next round number of 21,950.21,994 – Just below the major round number of 22,000.
Risk Management for Nasdaq Futures Trading
Stop Placement:Once partial profits are taken, move your stop to the entry level to neutralize further risk.
Why Use the TradeCompass for Nasdaq Futures?
Trade responsibly and always adjust your risk according to your personal strategy and capital. Visit ForexLive.com for more.
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