Nasdaq- Trading Levels

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Nasdaq- Trading LevelsE-mini Nasdaq-100 FuturesCME_MINI:NQ1!Marques-SkillsNasdaq corrected by around 7% last week, but still managed to defend a very important support level. As long as the 28,600 level does not break to the downside, a larger bearish trend reversal remains off the table for now. βœ… The trades for today are currently being executed around the marked levels as follows: πŸ“‰ Short Trade: Shorts are preferred today, as the short-term structure remains bearish. The marked resistance area is being shorted, since the probability is currently higher that price reacts lower from that zone. πŸ”» πŸ“ˆ Long Trade: Longs will only be taken with a clean M3 confirmation at the marked levels. Without confirmation, patience remains key. New levels may form throughout the day. For now, the marked zones remain the relevant areas. 🎯 A private community will also be launched later this year, where every member will get access to our rule set and receive full support. It’s going to be great. πŸš€ Wishing you all the best and stay blessed!