Sunday, October 13, 2019

NQ Guideline For Monday

On Friday, a huge opening gap-up, using China trade deal as an excuse for the buy program, designed to trigger short-covering rally, but failed, as NQ traded sideways after the initial burst from the buy program, then closed back down
Image result for china trade deal trump
NQ closed just above key support 7840, setting up Monday's rally if NQ can stay above 7840, or Monday decline to lower supports if NQ should trade below 7840.
 
Supports are 7800 then 7720