Thursday, May 14, 2020

NQ Guideline For Friday

NQ traded si8dewys in the morning on Thursday. Buyers continued to buy the dip down to support, NQ eventually reversed and rally, breaking several resistance.
 
With the close above key intraday resistance now support, the 200-ma on the 5-minute chart, NQ looks set to rally on Friday with first upside target at 9240.
 
Key intraday Line-in-the-Sand for NQ on Friday will be at 9040.
-- bullish above it with first upside target at 9240.
-- Bearish below it, with key resistance at 8880