Yesterday's VWAP (21,694) and Value Area Low (21,687) have become significant barriers as Nasdaq futures continue to trade firmly below them. This indicates the dominance of sellers in the market. A critical support cluster exists between 21,570–21,600, formed by the naked Value Area High (VAH) from two and four days ago. While this zone may act as a potential magnet for price, the absence of a buyer response could lead to a breakdown toward 21,474. Additionally, the 21,500 handle serves as a psychological level where market makers often attempt to trap short-sellers or induce long liquidation.
ForexLive.com's AI scans real-time order flow to deliver actionable insights. Cumulative Delta shows sustained negative readings, highlighting the persistent seller dominance throughout the session. Delta SL Values near current levels are weak and positive, suggesting limited buyer activity and reinforcing the bearish case. Volume spikes coinciding with negative delta indicate aggressive selling pressure rather than absorption by buyers.
Multiple attempts to reclaim key resistance levels, such as 21,687, have been unsuccessful, with red candles closing near their lows. This further supports the bearish sentiment. The cluster at 21,570–21,600 may temporarily slow the decline, but the lack of positive delta or volume-based buying signals reduces the likelihood of a sustained reversal at this stage.
The price action clearly indicates the strength of the bearish trend. Traders need to be cautious and keep a close eye on these key levels as the market continues to evolve.
ForexLive.com's AI stands out by focusing on real-time data. It analyzes order flow and volumetric stats such as delta imbalances and cumulative delta shifts to capture market sentiment shifts early. By integrating historical levels, such as yesterday's and multi-day naked levels, the AI can pinpoint high-probability zones for price reactions, like the current focus on 21,570–21,600. Additionally, the AI adapts to market context by accounting for psychological levels, liquidity traps, and dynamic market-maker strategies to refine predictions.
This unique approach gives traders an edge in navigating the volatile Nasdaq futures market. With real-time, actionable insights, ForexLive.com's AI helps traders make more informed decisions and stay ahead of the market.
Nasdaq futures are currently under firm bearish control, with sellers targeting the 21,570–21,474 zone. A decisive breakdown below this area could lead to accelerated losses. However, a reclaim of 21,600 with positive delta and strong volume might spark a retracement toward 21,687.
Trading in Nasdaq always comes with risks. It is important to invest and trade at your own risk. ForexLive.com provides additional views and analysis to help traders make more informed decisions. Stay tuned to ForexLive.com for the latest updates and insights.