Tuesday, January 28, 2020

NQ Guideline For Wednesday

They were able to push NQ back up to open above key price level, 9110, on Tuesday morning as such selling algos were not triggered, instead buy algos was able to cause large rally that lasted all day on Tuesday, with the close near the high of the day.
 
On Wednesday we could see either a continual rally in the morning followed by a lunch or afternoon reversal back down. Or a pullback in the morning followed by either a lunch rally or afternoon rally.
 
Key inflection price level for NQ on Wednesday will be at 9100, key support at 9060 and 9010
-- Upside resistance is at 9160