Wednesday, September 8, 2021

NQ Guideline For Thursday

NQ traded sideways on Wednesday with the usual early morning selling by institutions then buying by retail investors.

This pattern is going to continue for a while until institutions has unloaded majority of their positions before selling the rest of their position, which would tank and tank the market

Key inflection price level for NQ on Thursday will be at 15,600, bullish above with key resistance at 15,700, and bearoish below it with key support at 15,520.