E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Holding 15766.50 Could Trigger Late Session Rally
- Date: 08-Jan-2022
- Source: Yahoo News
- Sector:Oil & Gas
- Country:Middle East
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Holding 15766.50 Could Trigger Late Session Rally
March E-mini NASDAQ-100 Index futures are trading higher shortly after the mid-session on Thursday as investors try to bounce back following a massive tech sell-off in the previous session. Before today’s trading session began, the technology-driven index had fallen about 4% over the previous two trading sessions.
At 18:21 GMT, March E-mini NASDAQ-100 Index futures are at 15809.75, up 43.25 or +0.27%. The Invesco QQQ Trust Series 1 ETF (QQQ) is trading $384.93, up $0.64 or +0.17%.
Several tech stocks continued their slide, as investors continued rotating out of high valuation names. Tesla and Netflix fell over 2.0% each. Apple and Amazon also fell. Other megacap tech stocks rose, however. Alphabet added about 1%. Meta Platforms gained 3.16%.