Nasdaq futures squeezing into Euro session

After yesterday's selloff in NQ1! price has slowed into a tight range going into the European trading session. A breakout of this range could be imminent and big. If it breaks the range to the upside price could Retrace to 16238. Breaking the last major lows would be bearish.
bollingerbandsqueezefuturesnasdaqNASDAQ 100 E-MINI FUTURESTrend Analysis

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