Tuesday, May 18, 2021

NQ Guideline For Wednesday

On Tuesday NQ opened with a gap-up, and then rallied up to resistance before reversing and then trend down most of the day, closing at the low of the day, above key support

NQ is now trading in between resistance 13,400 and 13,140 support for the last three days. Going forward, a break below support or a break above resistance is likely to trigger a large trending move in the direction of the break.

Lower supports are 13,000 then 12,800, Higher resistance is at 13,700