US futures roll over after dire Meta earnings

Market chart
Matt Simpson financial analyst
By :  ,  Market Analyst

An -18% drop for Meta Platforms (formerly Facebook) during aftermarket hours is not something to be ignored, and it was promptly noted by traders as the Nasdaq and S&P E-mini futures markets fell accordingly. And as this has occurred as both futures markets hit resistance levels is also worth taking on board, as we continue to remain a little suspicious of recent rallies on lower volumes. We therefore strongly suspect swing highs have formed for US indices, at least over the near-term.

 

Nasdaq 100 trading guide

 

 

 

 

 

How to trade with FOREX.com

Follow these easy steps to start trading with FOREX.com today:

  1. Open a Forex.com account, or log in if you’re already a customer.
  2. Search for the pair you want to trade in our award-winning platform.
  3. Choose your position and size, and your stop and limit levels.
  4. Place the trade.

Open an account in minutes

Experience award-winning platforms with fast and secure execution.

Live Trading Webinars

Our interactive webinars, led by our industry experts, come highly recommended and can help provide your trading with the edge it needs.
Economic Calendar