Thursday, January 30, 2020

NQ Guideline For Fridaay

A large range day for NQ on Thursday with attempted selling all day was reversed late day with monster buy programs likely by the Fed right after the cash market closed.
 
The end of day rally may continue in the morning on Friday with the next resistance at around 9255, a price level where NQ may reverse back down for the usual choppy sideways Friday market action.
 
Key inflection price level for NQ on Friday will be at 9100. NQ may just trade between 9255 resistance and 9100 inflection price level.
 
Should 9100 breaks the next lower support is at 9010