NQ trading at decision levels + Futures Trading Levels for Sept. 29th
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Last day of the month tomorrow.
PCE and a few other reports are out.
Nasdaq 100 ( NQ and MNQ) sitting on decision levels in my opinion.
A break below 14720 can trigger a visit to the 14220 area. A close above 14930 can open the door for an oversold rally towards the 15300 area.
See daily chart below.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.
Futures Trading Levels
Improve Your Trading Skills
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.