Sunday, August 29, 2021

NQ Guideline For Monday

A huge rally for NQ in the morning after Jerome Powell spoke at Jackson Hole, a very large buy programs likely trigger by the Fed to push thew stock market up. But it soon died down because there is no more buyers up at these level. The Fed may be the only buyer at this price level.

For Monday, they may want to continue pushing the stock market upward, and without any short-sellers, we could continue to see very low volume rally.

Key inflection [price level for NQ on Monday will be at 15,420, bullish above it and bearish below it, with first support at 15,360