Wednesday, January 8, 2020

NQ Guideline For Thursday

Buy programs continue all night on Tuesday night and continued all day on Wednesday, with a small profit-taking selling at the end of the day.
 
Following a large rally day eh market tends to trade sideways in a choppy and narrow trading range.
 
Key inflection price level for NQ on Thursday will be at 8930
-- Bullish above 8030 with 8080 as upside target, as acting as resistance
-- Bearish below 8030 with 8830 as first downside target, and acting as support
 
The risk of more Iranian retaliation is still present
Image result for iranian retaliation