Wednesday, July 22, 2020

NQ Guideline for Thursday

As expected Wednesday was a narrow range choppy type of day, the second choppy consolidation in a row.
 
Thursday is likely a trending day, either up or down. The key determinant will be where it trades in relation to key line-in-the-sand.
 
Key line-in-the-sand is 10,860
-- Bullish above with upside target above prior swing high, above 11,060
-- Bearish below 10,860, with lower target below 10,660