Tuesday, August 24, 2021

NQ Guideline For Wednesday

A very narrow range day for NQ on Tuesday as there is really no more buyers up here. After all the shorts that needs to cover has covered, there is no more momentum to the upside. 

On Wednesday, NQ may need to pullback down to support to fine new buyers, or new buyers came into the market from somewhere and rally NQ further up.

Key support for NQ on Wednesday will be at 15,350, bearish below it, with first lower support at 15,280, and bullish above it, and if somehow new buyers shows up, we could see another rally day following a one-day consolidation..