Thursday, July 15, 2021

NQ Guideline For Friday

A down-trending day for NQ on Monday, likely from profit-taking as NQ is in extreme overbought conditions on the daily time-frame.

On Friday we could could expect a sideways consolidation type of trading pattern unless see NQ trading below Thursday low. As Friday tends to be a sideways type of days, we could expect a sideways trading pattern on Friday.

Key inflection price level for NQ on Friday will be at 14,800, with first resistance at 14,860, and first support at 14,700