Tuesday, November 12, 2024

NQ Guideline For Wednesday

Another narrow-range sideways consolidation day for NQ on Tuesday, the third consecutive consolidation day in a row.

If NQ does not need a deeper pullback before resuming the rally we should se NQ trending up all day on Wednesday.

If NQ required deeper pullback the next lower support is at 21,000

 Key price level to watch for will be at 21,200, bullish above, bearish below. Trading above 21,200 is an indication the next ley up is in progress. If so, the next logical upside target is at 21,500 to 21,600.