NASDAQ Follow-up

Nasdaq 100 futures contract tests target point and breaks over 2.5%!

We shared a weekly chart of the Emini Nasdaq 100 last week that pointed to a long term target.  The June Nasdaq contract rallied to our suggested pinnacle point target only to collapse over 2.5% during Wednesday’s trade.  This type of market activity reinforces the value of technical analysis in your investment portfolio.  You could’ve been prepared for Wednesday’s sell off.  You could’ve used some of Wednesday’s volatility to your advantage.  Sure there’s risk.  The challenge is recognizing how risk affects you and what you should do about it!  We’ll help you define what risk is acceptable to you.  The futures markets offer opportunity as well as risk.  The hard part is managing your overall risk exposure.  Are there times when you should be hedged against uncertainty?  We believe there are such times.  Call or email us if you agree.  Find out what trading with The Edge can mean for you.

We’re sharing another chart that graphically represents the futures price relationship between the Nasdaq and S&P.  Is this another extreme?  We have a specific strategy recommendation if you’d like to contact us to discuss.

























The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.