Wednesday, July 1, 2020
NQ Guideline For Thursday
Another large rally day for NQ on Wednesday, a third up-day in a row, a very unusual pattern, clearly a manipulated rally for the long 4th of July weekend. With most traders out of the office on Thursday we would see a choppy narrow-range type of day.
Line-in-the-Sand for NQ on Thursday will be at 10,260.
-- Bullish above, likely making another higher high above Wednesday's swing high.
-- Bearish below, with supports at 10,230, 10,200 and then 10,100.