Sunday, December 27, 2020

NQ Guideline For Monday

After spending six days mostly inside a narrow trading range between 12,650 to 12,750 trading zone, NQ may be ready for a large trending day on Monday, the trend direction will depends on where NQ would open on Monday. 

Overnight NQ is trading up, after President Trump agreed on the stimulus and likely was followed by massive buy programs by the treasury department in order to cause a big rally, which is likely top occur on Monday.


Key intraday line-in-the-sand for NQ on Monday will be at 12,690, bullish above, with realistic upside target at 12,890, bearish below it.