Thursday, July 19, 2018

NQ Guideline For Friday

NQ traded sideways between 7400 resistance and 7360 support all day on Thursday, setting up a breakout day or a continual action inside the range.
 
As for Friday, key price levels are 7360 support and 7400 resistance.
-- A successful breakout of the range is likely to trigger a fast move in the direction of the break.
-- A failed breakout will result in fast reversal