Sunday, April 12, 2020

NQ Guideline For Monday

As usual, on Thursday being the last day of trading ahead of the long Easter weekend, NQ traded sideways above key intraday support, the 200-ma on the 5-min chart.

On Tuesday key intraday line-in-the-sand will again be the 200-ma on the 5-minute chart, at 8180 as of Thursday's close.
-- Bullish above it, with resistance at 8300.
-- Bearish below it, with first support zone , also a critical support at 8000