Weekly Nasdaq-100 Futures Update – Market Trends & Insights


Dear Traders,

Welcome to this week’s edition of the $NQ Trader’s Blog, where we break down key market movements, trends, and trading insights to keep you ahead in the game. Let’s dive into the latest performance of the E-mini Nasdaq-100 Futures ($NQ) and what it means for your trading strategy.


Market Performance (Feb 10 – Feb 14, 2025)
The
E-mini Nasdaq-100 Futures ($NQH25) had a strong performance this past week, closing at $21,907.75 on Friday, February 14, marking a 1.01% gain from Monday’s open at $21,688.75. Despite some midweek volatility, bullish sentiment remained strong, pushing the index to new highs.

Key Market Drivers:

  • Tech Strength: Major Nasdaq-100 components like Nvidia (NVDA), Microsoft (MSFT), and Amazon (AMZN) contributed to the gains, fueled by robust earnings reports and AI sector optimism.
  • Economic Data Impact: Fed Chair Jerome Powell’s testimony reassured investors that rate cuts may still be on the table in 2025, keeping risk assets like tech stocks attractive.
  • Geopolitical Developments: Global tariff discussions and inflation concerns caused minor pullbacks midweek but were ultimately overshadowed by bullish momentum.

Technical Analysis & Trading Outlook

  • Support Levels: Key support zones remain at $21,650 and $21,400. Any dip towards these levels could present buying opportunities for trend-following traders.
  • Resistance Levels: The psychological level of $22,000 is in sight, with strong momentum needed for a breakout toward $22,200+.
  • Volatility Outlook: Expect continued swings as economic reports and earnings season drive sentiment. Scalpers and swing traders should watch for pullbacks to capitalize on trend reversals.

Trader’s Playbook: Strategies for the Week Ahead

  • Momentum Traders: Watch for a confirmed breakout above $22,000 for long opportunities.
  • Range Traders: Short-term retracements near support levels could offer high-probability trades.
  • Risk Management: Stay alert for macroeconomic developments and set tight stop losses to protect gains.

Final Thoughts The Nasdaq-100 Futures continue to ride bullish momentum, with key earnings and economic data shaping the road ahead. As we enter the next trading week, keeping a disciplined approach and staying informed will be crucial to navigating market fluctuations.

Stay tuned for more insights next week!
Happy Trading,
The $NQ Trader’s Blog Team

📩 Have thoughts or questions? Reply to this email or connect with us on social media!


Nathan Anneh

CEO, ANNEH CAPITAL LLC
Futures Trader | Chess Player

www.annehcapital.com
+1 (302) 401-1382 - Mobile

57 Saulsbury Rd Unit E #1075 Dover, DE 19901 USA

$NQ Market Monitor

Nathan is a Futures Trader specializing in Nasdaq ($NQ) markets with Topstep and CEO of ANNEH CAPITAL LLC. Combining expertise in finance and business strategy, he is dedicated to creating value-driven financial solutions. A chess enthusiast and lifelong learner, Nathan shares insights on trading, investing, and sustainable growth through his website. www.annehcapital.com

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