Thursday, November 7, 2019

NQ Guideline For Friday

Another sideways trading pattern for NQ on Thursday, rally in the morning then sold off in the afternoon.
 
NQ is currently in overbought condition on the daily timeframe, and may be ready to reverse from an uptrend to a downtrend on the daily chart.
 
Key intraday line-in-the-sand for NQ on Friday is now at 8220, bullish abode it, bearish below it with first resistance at Thursday high and first support at 8160