Monday, December 30, 2019
NQ Guideline For Tuesday
Another pullback down day in the stock market on Monday following a down day on Friday. The Fed and the PPT is going to try to hold the stock market up into the year end to makes thing looks great. Whether or not they can hold it up is another question.
Key intraday inflection price level for NQ on Tuesday will be 7730
-- Bullish above it, first resistance is at 8770
-- Bearish below it, first support is at Monday low
With most traders out the market on New Years Eve, we can expect a choppy market on Tuesday