NQ Futures Weekly Forecast: Trends to Watch
Each week brings fresh market-moving data and price action setups for NQ futures traders. Monitoring the weekly forecast helps you plan trades around key support/resistance zones, economic releases, and sector sentiment.
In this post, we break down what to watch for in the Nasdaq-100 futures market over the coming week.
1. Previous Week Recap
Last week, NQ futures showed mixed momentum as traders reacted to [insert last week’s headline — e.g., strong tech earnings, CPI data, or Fed statements]. Price briefly tested resistance around [key level] before pulling back to [support zone].
Volume remained concentrated around major tech names, while broader sentiment remained cautious due to [news driver].
2. Key Support and Resistance Levels
| Level Type | Price Area |
|---|---|
| Immediate Resistance | 15,700–15,800 |
| Key Resistance | 16,000 |
| Immediate Support | 15,400–15,350 |
| Major Support | 15,100 |
A break above 15,800 may signal bullish continuation, while a drop below 15,350 could increase bearish pressure.
3. Technical Indicators Outlook
- 20 EMA (4H): Price hovering just above – indicating short-term bullish bias
- RSI (Daily): Near 55 – suggesting moderate upward momentum
- MACD (4H): Bullish crossover in progress, confirming recovery attempt
Watch for divergence if price retests highs without RSI confirmation.
4. Economic Data to Watch This Week
Key U.S. economic events that could impact NQ futures:
- CPI Report (Inflation Data) – [Date]
- Fed Chair Speech – [Date]
- Retail Sales – [Date]
- Jobless Claims – [Date]
These releases often lead to intraday spikes. Plan entries accordingly or wait until the data is digested.
5. Earnings and Sector Outlook
Several Nasdaq-100 companies are reporting this week, including:
- Apple (AAPL)
- Nvidia (NVDA)
- Netflix (NFLX)
Strong tech earnings can lift NQ futures, while weak guidance may weigh on sentiment.
6. Sentiment and Futures Positioning
- COT (Commitment of Traders) data shows slight increase in long positions among asset managers
- VIX remains stable, suggesting market participants are not expecting extreme volatility
- U.S. dollar strength may cap upside if it continues to rise
Strategy Suggestions
- Intraday traders: Look for range setups during calm periods, breakouts during news hours
- Swing traders: Wait for a confirmed breakout or breakdown above weekly levels
- Use tight stops: If trading during CPI or Fed releases, expect high volatility
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FAQs
1. How accurate are weekly forecasts for NQ futures?
They are based on current data and trends, but always require real-time confirmation and risk management.
2. Should I trade the forecast direction immediately on Monday?
Not always. Wait for price to react at support or resistance levels first.
3. How often should I update my forecast analysis?
Review it mid-week and adjust based on new data or chart developments.
4. Are these forecasts suitable for intraday traders?
Yes, they provide directional bias and context for intraday setups.
5. What platform is best to monitor these forecast levels?
TradingView, Thinkorswim, and NinjaTrader all work well with custom alerts and chart tools.
