Thursday, September 9, 2021

NQ Guideline For Friday

NQ traded sideways but with a slightly bearish bias, the open was near the day high and the close was near the day low, a down day.

On Friday, with its bas towards a choppy sideways trading action, unless there is a market moving new release that knocks the market off balance, we could see another sideways type of day again, with key resistance at 15,620 , and key support at 15,520.

A break out of the range 15,520-15,620 could cause a fast move out to the next resistance 15,720, and the next support at 15,420.