Tuesday, April 13, 2021

NQ Guideline For Wednesday

On Tuesday NQ opened with a gap-up above February swing high, above breakout level, and then close above February swing high.

If NQ can stay above February swing high inspite of all the profit-taking activities, we should see NQ rocketing up as short sellers are forced to cover.

Key price level for NQ on Wednesday will be at 13,880. As long as NQ remains above 13,880 on any pullback-down move, we should see NQ rocketing up.

Key intraday line-in-the-sand for NQ on Wednesday will be at 13,950.