Thursday, May 13, 2021

NQ Guideline For Friday

On Thursday NQ opened inside prior day range, following a trending down day on Wednesday confirming a high probability consolidation type of day, and implies a sideways pattern.

With Friday tendency to be a choppy type of day, look for NQ to remain choppy again, unless of course it can breakout of Thursday's trading range, and then stay outside of it. Although that would be unusual for Friday, we know from past experience that anything is possible.

Line-in-the-sand will again be at 13,100.