Sunday, April 4, 2021

NQ Guideline For Monday

NQ opened with a huge gap-up on Thursday and then traded sideways in a narrow trading range all day, and then close above triple-top 13,000 key breakout price level going forward.

If NQ could continue to stay above 13,000 on Monday and then continue to push higher, forcing short-sellers to cover their shorts we could see NQ rocketing higher, with the next resistance at double top at 13,850 price zone, which could may only take one to three days to reach.

If NQ should trade back below 13,000 we could see more consolidation and sideways actions.