Tuesday, March 17, 2020

NQ Guideline For Wednesday

With all the so called "stimulus" provided by the government and Federal Reserve, they managed to hold the selling to a minimal. However, the equity futures has already stared to sell-off again overnight. Where it opens and trade on Wednesday will determine whether we get another selling day or another consolidation/rally day
 
Key price range is 7250 key support and 7550 key resistance (7250-7559 trading range)
-- Selling below 7250, key support is again at 7000
-- Rally above 7550 with the next upside resistance at 7800
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