Wednesday, September 16, 2020

NQ Guideline For Thursday

Post FOMC policy announcement on Wednesday the market tank. NQ is now over 150 points below Wednesday close. Should NQ open and stay below Wednesday day low we could see massive liquidation, a 400 - 500 points drop because the next strong support is not until10,300.
 
Again, key support for NQ on Thursday is 11,150, bearish below, bullish above it.
 
Key inflection price zone for NQ on Thus day will be at 11,320