Free NASDAQ 100 INDEX (E-MINI) (NQ) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
17 May / Daily
Category/Currency
Futures/USD
Exchange/Country
CME/--

NASDAQ 100 INDEX (E-MINI) (NQ) signal with technical analysis on 17 May

On 17 May, we conducted a comprehensive technical analysis of NASDAQ 100 INDEX (E-MINI) (NQ), considering 256 signals with intricate details. Here are the key findings: 154 signals suggested buy strategies, while 19 indicated sell strategies. The remaining 83 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 33
Sell Signals: 9
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 39
Sell Signals: 5
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 39
Sell Signals: 4
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 43
Sell Signals: 1
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 154
Sell Signals: 19
Neutral Signals: 83
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your NASDAQ 100 INDEX (E-MINI) (NQ) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for NASDAQ 100 INDEX (E-MINI) (NQ) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

NASDAQ 100 INDEX (E-MINI) (NQ) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

NASDAQ 100 INDEX (E-MINI) (NQ) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 3.78%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **NASDAQ 100 INDEX (E-MINI) (NQ)** holdings.

NASDAQ 100 INDEX (E-MINI) (NQ) Price Analysis and Resistance Levels:

Given our current long position in NASDAQ 100 INDEX (E-MINI) (NQ), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (22111.25): The primary hurdle is the 22111.25 price level. If the prevailing trend remains unchanged, NASDAQ 100 INDEX (E-MINI) (NQ) could break above this level, indicating its strength and potential for further growth.

Second resistance level (22319.75): If the upward trend shows significant strength, NASDAQ 100 INDEX (E-MINI) (NQ) may cross the second resistance level at 22319.75, signaling a significant upside move and a promising direction for our position.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading NASDAQ 100 INDEX (E-MINI) (NQ), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

NASDAQ 100 INDEX (E-MINI) (NQ) technical analysis chart

NASDAQ 100 INDEX (E-MINI) (NQ) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 22111.25 22319.75 -- -- --
Support 20983.75 17700 17351 17113.25 16460
 NASDAQ 100 INDEX (E-MINI) (NQ) Support and Resistance area (17 May)  NASDAQ 100 INDEX (E-MINI) (NQ) Support and Resistance area (17 May)

NASDAQ 100 INDEX (E-MINI) (NQ) signals list for 17 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

NASDAQ 100 INDEX (E-MINI) (NQ) candlestick patterns on 17 May

Today's NASDAQ 100 INDEX (E-MINI) (NQ) Candle Patterns List:

Short Line Candle

NASDAQ 100 INDEX (E-MINI) (NQ) technical analysis over the past days

# Date Overal Signals ALL Signals
1 16 May Hold HoldHoldHoldHold
2 15 May Hold HoldHoldHoldHold
3 14 May Hold HoldHoldHoldHold
4 13 May Hold HoldHoldHoldHold
5 12 May Hold HoldHoldHoldHold
6 09 May Hold NeutralHoldHoldHold
7 08 May Buy BuyHoldHoldHold
8 07 May Hold NeutralHoldHoldHold
9 06 May Hold NeutralHoldHoldHold
10 05 May Hold HoldHoldHoldHold
11 02 May Hold HoldHoldHoldHold
12 01 May Hold HoldHoldHoldHold
13 30 Apr Hold HoldHoldHoldHold
14 29 Apr Buy HoldHoldHoldBuy
15 28 Apr Hold HoldHoldHoldNeutral
16 25 Apr Buy HoldHoldBuyNeutral
17 24 Apr Buy HoldBuyNeutralNeutral
18 23 Apr Hold BuyNeutralSellNeutral
19 22 Apr Hold HoldHoldNeutralHold
20 21 Apr Hold HoldHoldHoldHold
21 17 Apr Hold HoldSellHoldHold
22 16 Apr Sell SellNeutralHoldHold
23 15 Apr Hold HoldNeutralHoldHold
24 14 Apr Hold HoldNeutralHoldHold
25 11 Apr Buy BuyHoldHoldHold
26 10 Apr Sell NeutralSellHoldHold
27 09 Apr Hold NeutralNeutralHoldHold
28 08 Apr Hold HoldHoldHoldHold
29 07 Apr Hold HoldHoldHoldHold
30 04 Apr Hold HoldHoldHoldHold

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