Monday, June 29, 2020

NQ Guideline For Tuesday

On Monday, after dropping down to support NQ reversed sharply reversed and then rallied all day into the close, with a very bullish close.
 
For Tuesday's trading, as long as NQ opens and remains above key line-in-the-sand on Tuesday we should get a rally day with upside targets at 10,100 or so
 
Falling back below the line-in-the-sand implies a change in biases from bullish to bearish, downside target is Monday low
 
Key line-in-the-sand for NQ on Tuesday will be at 9940