Wednesday, October 21, 2020

NQ Guideline For Thursday

With the US election approaching, and with no clear winner to be expected the stock market traded sideways again on Wednesday, unable to move out of the current trading range as investors wait for more news.

US PRESIDENTIAL ELECTION | LMD

For NQ support levels remains at between 11,450 to 11,600 and resistance at 11,750. A breakout of the range could trigger trending move out of the range. However, NQ could continue to trade inside the range until either buyers or sellers overwhelmed the other side.