Thursday, June 25, 2020

NQ Guideline For Friday

NQ was engineered to break down below prior day low before reversing it back up, a false-break reversal type of day.
 
This type of day is usually followed by a trending up day. However, because Friday tend to be a choppy day it is possible NQ may just trade sideways on Friday.
 
Key line-in-the-sand for NQ on Friday will again be 10,040.
-- Resistance is 1010-10140
-- Support is 9940
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