Wednesday, January 22, 2020

NQ Guideline For Thursday

A sideways trading pattern for NQ on Wednesday, a gap-up followed by afternoon reversal, with NQ dropping down to key intraday support and closed at key intraday inflection price level for Thursday.
 
Key inflection price level for NQ on Thursday is 9200, bullish above and bearish below it.
-- NQ is set-up to move away from 9200. Above 9200, the upside target is above Wednesday swing high.
-- Below 9200, the downside targets are 9150 and 9100, both are support generated by intraday price actions.