NASDAQ Futures January 29, 2013, Technical Analysis

The NASDAQ futures market had a slightly positive day on Monday, but ran into trouble at the 2750 level yet again, and therefore pull back a little bit later in the day. With the Friday jobs numbers coming out in America, it’s very possible that the next couple of days will be very similar to the one we had on Monday. In other words, we could be looking at very quiet markets. We think that the next couple of sessions will feature this market going back and forth between 2750 and 2700. Because of this, we are fairly ambivalent about this market at the moment.

 

NASDAQ Futures January 29, 2013, Technical Analysis
NASDAQ Futures January 29, 2013, Technical Analysis

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