Tuesday, September 10, 2019

NQ Guideline For Wednesday

-- NQ Daily trend = Up
-- NQ 60-minute trend = Down
-- NQ 5-minute trend = Down

NQ opened with a gap-down below support on Tuesday then after sold off right away down to support, then spent the rest of the day trading sideways, closing right below 200-ma on the 5-minute chart.

Key price level for NQ going into Wednesday will be 7840 active as resistance now.
-- Trading below 7840 is going to attract sellers, with support at 7750, 7720 , 7650
-- If NQ should trade above 7840 we could see some short-covering rally.

Trump fired his National Security Advisor, John Bolton
Image result for trump fired john bolton