# Nasdaq futures drop below key level

> Nasdaq futures broke last week's low at 28,820.
- Title: Nasdaq futures drop below key level · TradingView | Shortify
- Summary: Nasdaq futures broke last week's low at 28,820. Nasdaq futures dropped below last week's low of 29,305, targeting 28,820 next.
- Keywords: nasdaq, futures, cme, nq1, value, order flow, business, finance, drop, below, key, level
- Source: TradingView — https://tradingview.com/chart/NQ1!/AGYGJixg-Nasdaq-futures-SHORT-last-week-s-low-broke-28-820-next
- Published: 2026-10-22T19:53:21+00:00
- Read time: 1 min
- Topics: nasdaq, futures, cme, nq1, value, order flow, business, finance
## Nasdaq futures short
Nasdaq futures broke last week's low at 28,820.
## Value moved down
Last week's value area was 29,305-30,670 with POC 30,150.
## Floor broke and stayed broken
First 5-minute close under last week's value low 29,305 came at 14:35 UTC.
## Hourly structure
Hourly highs from 14:00: 29,594.75, 29,362.75, 29,379.75, 29,245.25, 29,209.5, 29,155.
## Volume backs the move
Thursday traded about 738K contracts vs 652K Wednesday.
## Target levels
Next target: 28,900-28,820 (September low 28,816) then 28,500-28,400.
## Key takeaway

Nasdaq futures dropped below last week's low of 29,305, targeting 28,820 next.