Tuesday, November 16, 2021

NQ Guideline For Wednesday

A trending up day for NQ on Tuesday., with the open at the day low and the close at the day high. On Wednesday NQ either trend up again or consolidate sideways before it trend up again on Thursday.

Key inflection price level for NQ on Wednesday will be at 16,300, bullish above it and could trigger another trend up day if NQ can continue to push higher.

Trading below 16,300 is an indication NW is going into a sideways consolidation mode, with first support at 16,250.