Tuesday, October 6, 2020

NQ Guideline For Wednesday

11,500 area continues to be a powerful resistance for NQ with Tuesday attempt to break above it attracted heavy selling pressure again. tanking NQ back down to support.

Key price level going forward are 11,500-11,600 resistance zone and 11,150-11,200 as key support, with 11,350 as balance price level.

A break out of the 11,150-11,600 should trigger strong trending move out of the range.