Tuesday, October 12, 2021

NQ Guideline for Wednesday

A slow and choppy down day for NQ on Tuesday. With Tuesday being the 3rd consecutive down day from the last pullback high on October the 7th, we could see a sideways consolidation day for NQ on Wednesday.

NQ would need to break below 14,400 to run-over trailing stop-losses. If that happens, then we could see a large liquidation day. Until then the choppy down days can continue.

Key intraday inflection price level for NQ on Wednesday will be at 14,680, bullish above with first and key resistance at 14,760. and bearish below it..