Thursday, August 12, 2021

NQ Guideline For Friday

On Thursday NQ opened and dropped down to support very quickly, the 20-day moving average on the daily chart, 14,960, and then bounced and reversed, rallying all day into the close.

NQ is now firmly above key intra-day support, at 15,030 for Friday. As long as there is no unexpected market moving new on Friday, NQ should have a bullish bias, with key support at 15,030.