Thursday, April 15, 2021

NQ Guideline For Friday

NQ opened with a gap-up above breakout price level on Thursday, forcing the shorts to cover. NQ trend up all day on Thursday with a close near the high of the day, and above Tuesday and Wednesday swing high.

With Friday tending to be choppy we could see NQ trending up but in a choppy action, unless of course the shorts are forced to cover.

Key line-in-the-sand for NQ on Friday will be at 13,990, bullish above, and bearish below.