Tuesday, November 10, 2020

NQ Guideline For Wednesday

Following a large down day on Monday NQ traded sideways on Tuesday, setting up another trend day, likely on Wednesday.

NQ closed right at the line-in-the-sand for Wednesday's trading, 11,625. Trading above it is bullish, with the next resistance at 11,800-11,900.

Key support is 11,500. A sustained break below 11,500 is likely to tank NQ down to 11,200