Monday, January 4, 2021

NQ Guideline For Tuesday

After a heavy selling in the morning on Monday, they spushed it up again in the afternoon. They are likely going to continue to push the stock market up due to a very important senate election in the state of Georgia on Tuesday.


Whether or not they can push the market higher on Tuesday will depend on where that amrket opens and trade in the morning. Key upside breakout level is at 12,680 for NQ. As long as NQ can stay above 12,680 we could see a quick rally to 12,800 area, then if that breaks, more rally to follow.

Breakdown price level is at 12,600. NQ trading below 12,600 implies more selling