NASDAQ LEVELS To Look Out For E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:NQ1! EmpowerTrader NDX Holding the current support level at 12700. If the index breaks this level a re-test or a continued sell-off is in play. Scenario 1: Re-test at 12400 or a re-test of the monthly low at 12200. Scenario 2: A continued sell-off could force the price to test the 200 MA. A move to test the 200 MA would be mean this sell-off will approach -15%! Nevertheless, as long as the index holds at 12700, we're looking bullish for the time being.