Market analysts are closely monitoring the Nasdaq-100 futures (NQ_F) as they approach critical technical levels. The NQ has been highlighted as spending 2-3 sessions near the 200-day moving average, suggesting potential upward momentum if it breaks through key resistance levels. A key closing level for NQ is identified at 055, with a prior volume pivot at 092. Analysts have noted that consecutive closes below the daily volume pivot of 532.65 for the Invesco QQQ Trust (QQQ) could lead to a decline towards 511.02. The NQ is facing a significant resistance level at 20940, and if it fails to surpass this point, it may continue to show weakness. In early trading, the NQ_F was noted to be flat with light volume, and some traders are taking short positions while others remain in buy mode. The current trading environment is characterized by cautious sentiment as traders navigate these pivotal levels.