Nasdaq futures formed a doji near key resistance
Nasdaq futures produced a 4% rebound on Thursday, but Friday’s session brought no meaningful continuation.
The futures formed a doji near important resistance and closed at 28,287, below the monthly value area low and anchored VWAP.
Key levels for the coming week include a potential retracement toward 27,885 and main resistance at 28,317 to 28,550.
Initial downside confirmation would be sustained trade below Friday’s low near 28,080.