Sunday, March 16, 2025

NQ Guideline For Monday

NQ has been trading sideways below 20,000 previously key support, now key resistance after the break.

With FOMC meeting this week, NQ may have to wait for the announcement before moving away from the range, 19,200-20,000.However, anything is always possible. A sustained break below 19,200 would trigger another round is selling. The next support is not until 18,500-18,700

First intraday resistance for NQ on Monday is at 19,770, then 20,000-20,100