The Nasdaq futures market has shown notable activity, with the NQ_F reaching a new monthly high of 20,560.50. Key support and resistance levels have been highlighted, with a notable rebound level set at 496 and a significant shorting point at 484. The market has experienced fluctuations, with a low of 20,525.75 recorded at 10:30 AM ET. Traders are focusing on the importance of maintaining levels to manage risk, particularly with the potential for price action that could appeal to short-term traders. The latest market sentiment indicates some frustration among traders regarding the timing of recent market movements, as they navigated through the recent volatility.