Sunday, November 17, 2019

NQ Guideline For Monday

NQ continued to rally in a choppy and narrow range on Friday, and is expected to continue to trade in a choppy narrow range on Monday as NQ is now in an overbought condition on the daily chart.
 
The rally should continue on Monday as long as NQ remains above key support price level which for Monday will be at 8280. A break below 8280 could trigger some short term selling with the next lower support at 8200.