Thursday, February 18, 2021

NQ Guideline For Friday

Another strong decline for NQ on Thursday morning but reversed and trend up all day into the close. Friday may be likely to be a sideways pattern as usual.

How it trades in the morning would depends on where it opens in relation to its line-in-the-sand for Friday, 13,600, bullish above, bearis below but look for it to be a sideways trading day, unless it breaks out of the range, with resistance at 13,720-13,740 and support at 13,500.