Sunday, May 20, 2018

NQ Guideline For Monday

On Friday NQ traded sideways above key support at 6860, prior swing high now acting as support. And as long as NQ remains above 6860, selling should remains under control, thus 6860 will be key price level on Monday.
 
If NQ can stay above 6860 we can expect another sideways price action or a rally. However, should NQ clearly break below 6869 selling could quickly tank NQ down to the next lower support price level ay 6760