Tuesday, June 22, 2021

NQ Guideline For Wednesday

NQ trend up all day on Tuesday, closing near the high of the day. Usually after a trending day like on Tuesday, there is a higher probability that it is going to trade sideways on Wednesday. However, there is still a chance NQ can trend again on Wednesday, but with a low probability.

Key support for NQ on Wednesday will be at 14,230. Trading below 14,230 implies NQ is in consolidation sideways mode. Staying above 14,230 is an indication NQ uptrend that started on Tuesday morning is still in progress