Google (Alphabet) beat lifts Nasdaq 100 futures towards a key level

Last night just after the US close, the US tech giant Alphabet (GOOGL) released their Q1 warnings report and it was good. The company beat significantly on EPS and revenue, by almost $1 billion. Both the share price and the Nasdaq 100 had closed higher ahead of these results and the Nasdaq 100 futures are higher since. The index was once again the best performing major on Wall Street, when it  closed 521 points higher last night, at 19,214. Since then the index futures have been pricing the opening for later today as high as 19,385. They are right now off that high, but still elevated relative to the close. If we take the record high at 22,222 and low seen earlier this month, at 16,542 we see the 50% correction of that is at 19,382. The Nasdaq 100 is right now priced to reopen around 19,320