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How index, futures and CFD levels really relate — and how to read them. Written from the same work that went into the indicators, with the charts to prove it.

NDX and NQ side by side
Index vs Futures14 July 2026·7 min read

The level you can't see

The Nasdaq-100 closed at 29,727. NQ ran straight through that number without blinking — and stopped dead at 29,941. Same close, two hundred points from where you were looking.

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The cash-future difference, explained with real charts: why an index and its future trade at different prices. More articles follow; follow along on X to catch them as they land.