Monday, November 4, 2024

NQ Guideline For Tuesday

 A sideways trading action for NQ on Monday. With Tuesday being an election day in the US we could see another sideways action with key support at 20,000 and key resistance at 20,200.

NQ would need to break out of the range to trigger s temporary spike away from the 20,000-20,200 range.

Major investors may want to wait for the election result to make their decision. As such we could see a big market move out of the range after Tuesday election.