Market Overview: NASDAQ 100 E-mini Futures
The NASDAQ E-mini futures February 2025 month is a bear bar with prominent tails. The January doji sell signal triggered when this month fell below the January low.
The week is a doji bear bar below the weekly exponential moving average (EMA), continuing the sideways move, rather than a breakout below the November low close.
NASDAQ 100 Emini futures
The Monthly NASDAQ chart
- The month of February is a bear bar with prominent tails above and below.
- The prior month is a doji bull sell signal bar, and this month triggered its low and reversed around the November low to form a tail at the bottom.
- Bears needed this month to close on its low, to invite sellers.
- The first week of this month is the biggest weekly bar since April 2025, as mentioned in that weekly report.
- Its interesting that it defined the range of the entire month – the rest of the month is within the range of that one weekly bar.
- There are likely buyers below this month’s bar and sellers above.
The Weekly NASDAQ chart
- This week is a bad entry bar to last week – a bull bar just below EMA.
- Last week’s report pointed out that even though last week was a good bull bar, it had a problem in that it was just below EMA and hence it was likely to find sellers.
- Bears are still unable to produce consecutive bear trend bars and close far below the November bear bar.
- If the market continues to go sideways and not down within the next couple of weeks, the market will try to get back above the EMA to see where the sellers come in.
- As mentioned in the monthly summary above, the market will likely find buyers below the first week of this month, and sellers above it.
- So bears may need to go higher to find sellers.
Market analysis reports archive
You can access all weekend reports on the Market Analysis page.
