Tuesday, November 26, 2019

NQ Guideline For Wednesday

On Tuesday as expected NQ remained in the bullish mode, staying above 8370 key support and then rally, narrow-range and choppy . With the Thanksgiving on Thursday The Fed is going to continue to push the stock market higher.
 
Key support on Wednesday will be 8390.
-- If NQ can stay above 8390 after the open, we could see another choppy rally to next higher high, with the upside targets at 8410, then 8450 if they decide to trigger buy programs.
-- Trading below 8390 implies NQ is in a pullback down mode, with the next lower support at 8360
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