Sunday, May 9, 2021

NQ Guideline For Monday

NQ traded sideways as usual on Friday, with a gap-up iopen then rally and then reverse and trade sideways closing in the middle of the day range, as acting as Monday line-in-the-sand and inflection price level, 13,720. bullish above and bearish below it.

Trading below it implies a further decline down to key support, 13,600. And trading above it implies NQ is going up, with key resistance at 13.880