Monday, June 14, 2021

NQ Guideline For Tuesday

NQ trend up on Monday following a choppy sideways consolidation day on Friday last week. On Tuesday NQ is more likely to trade sideways in a consolidation pattern. 

However, we cannot dismiss the possibility that NQ may trend again on Tuesday especially if the shorts decide to cover. If so, we can see another trend up day again on Tuesday.

Key line-in-the-sand for NQ on Tuesday will be at 14,070. Suports are 10,040, then 14,000