Sunday, August 2, 2020

NQ Guideline For Monday

As usual, NQ traded sideways on Friday, trended down to support in the morning and then rallied in the afternoon, with a close at the high of the day.
 
On Monday we could see NQ rally in the morning if it trades above 10,900, then reverse and trend down in the afternoon.
 
Trading below 10,900 in the morning is an indication that NQ is likely to trend down in the morning then rally in the afternoon.
 
Inflection price zone for NQ on Monday will be at 10,840, bullish above, bearish below it