Wednesday, December 25, 2019

NQ Guideline For Thursday

The Fed continued to pump massive liquidity into the financial system on a daily basis, from 75billion per day to now 200 billion per day, in order to keep the stock and bond market up.
 
They are certain to continue pumping liquidity into the system until everything blows up to keep the stock and bond market up. As such we should continue to see the stock market going up.
 
Intraday support on Thursday will be 8710. NQ should remain bullish above it.
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