Thursday, December 21, 2017

NQ Guideline For Friday

With most senior traders out of the office for the long Christmas holidays weekend NQ simply traded sideways in a narrow range on Thursday.
 
The price action is likely to continue on Friday as most traders has already left the office. As such we could see a very choppy and narrow trading range on Friday. Having said that, thin market is when price swing can get very exaggerated, especially if it is to the downside.
 
Key NQ line in the sand price level on Friday will 6500, bullish above bearish below it..
 
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