Wednesday, July 4, 2018

NQ Guideline For Thursday

With most traders still on holiday for the 4th of July the market may remain inside a trading range, and for NQ that would be between 7000 support and 7160 resistance.
Image result for fourth of july holiday
Trump trade war rhetoric could easily change the market dynamics, and can cause a major selloff at any time.
 
However, on the short term 5-minute timeframe, key inflection price level for NQ on Thursday will be 7065