Thursday, February 11, 2021

NQ Guideline For Friday

NQ traded sideways on Thursday between 13,620 support and 13,740 resistance, 

On Friday, unless there is a market moving news released before the open, we could see NQ remaining within the range between 13,620 support and 13,740 resistance. It may also be possible for NQ to trade outside the range, and then reverse back in.  

NQ would need to clearly trade outside the range, and remains outside the range to trigger a trending moves out of the range. 

If so, a breakout above 13,740 could move up to the nest upside target of 13,840. A break below 13620 will target a move down to 13,500-13,520 support zone