NQ_F Gains 1% as Bulls Eye 842 Level and Friday's High Just 1 Tick Away

The Nasdaq futures market, represented by the NQ_F contract, is currently experiencing fluctuations as traders analyze key volume pivots and market indicators. Recent trading activity shows that NQ_F has printed a gain of 1% as of 7:06 AM CST on July 22, 2024. Traders have noted that the contract is approaching a critical resistance level, with Friday's high just one tick away. There are indications of market caution, with one trader advising that bulls need to reclaim the 842 level by the top of the hour on a 30-minute chart. Additionally, prior volume pivots at 27 and 28 are being monitored as potential support levels. Overall, the market sentiment remains mixed as traders adjust their strategies based on recent price movements and technical analysis.