NQ futures slip into lower-value reset as bulls fail to hold above 30,500, signaling mild bearish pressure.
Nasdaq futures entered a lower-value reset after a failed bullish continuation, with the prediction score dropping to -2 out of +10. The shift follows a rejection near 30,575-30,600 and a lower-value open on 1 July, ending the clean bullish repair structure seen earlier.
Prior to the reset, NQ had pushed above 30,000-30,070, with a strong late-morning impulse on 30 June driving prices toward 30,365 on 64,000 contracts. However, the inability to sustain gains above 30,500 has weakened the bullish case, leaving traders watching key resistance at 30,420-30,435.
Immediate support lies at 30,360-30,370, while a break below 30,255-30,260 could signal a more serious bearish continuation. The current score reflects mild pressure rather than a full breakdown.