The Tech Path for Gains Reveals Itself

While the US stock markets are not completely and fully in a bull market, there are trails and paths for profits that I’m discovering right now.

All it takes to get past the under and over brush of weeds is to hunker down and stick to my tried and true chart analysis to find these paths for profits.

This is the case for the technology stocks that are embedded inside the Nasdaq 100 Index futures contract (NQ). 

This index and its contract have generated some nice recent gains, including the run from May 24 through to now of 7.57% in price alone.

And now, that path is revealing a buy zone for the contract that I am sharing with you today.

 The Nasdaq 100 Trade Setup

Here’s how the chart is showing the path for a potential nice gain from the leading technology stocks embedded in the Nasdaq 100 Index futures contract (NQ)…

 Nasdaq 100 Futures Contract (NQ) Price and Technical Analysis – Source: TradingView

And here’s how I see the path for gains revealing itself this week…

The Nasdaq 100 Index futures contract (NQ) one hour time frame is in the buy zone, in an up trend, making higher highs and higher lows.

Entry: Counter trend line break bullish in the buy zone.

Stop: 12,183.75

Limit: 13,269.75

As long as the market stays above the up trend line, it will be a good idea to turn to

the five minute time frame and look for Tunnel Trader long / Destination Trader long

ideas towards the one hour up Fibonacci level.

The Bottom Line


For more on the markets as well as trading education and trading ideas like this one, look for the next edition of Josh’s Daily Direction in your email inbox each and every trading day.

I’ll be bringing you more of my stock and futures contract trading tutorials as well as some additional trading ideas.

And if you know someone who’d love to make this a part of their daily trading routine, send them over to joshsdailydirection.com to get signed up!

Keep on trading,

P.S. While technology stocks are showing a potential path for profits, there are also alternative assets that I see proving trading opportunities for gains. 

Digital currencies are also setting up profitable trades that could provide an alternative income source for traders armed with the right information. And this could even set up a nice side job (gig) for you in the process.
I continue to provide this information in my War Room research service, which you can learn more about here.

Josh Martinez

Josh Martinez

Josh Martinez is an elite Analyst who’s been actively trading the financial markets since 2011. He’s known as one the leading innovative traders in this industry due to his his cutting-edge strategies.

Josh first burst into the scene when he took an initial deposit investment of $500 and turned into over $39,000 in just under 2 years.
Josh’s trading articles have been featured in Your Trading Edge, The FX Street, Trader Planet, Forex Crunch, Trading Pub, and Equities.com.

In addition to trading, Joshua has also trained thousands of traders worldwide. His strategies and systems have helped others find success in the market

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