Sunday, December 19, 2021

NQ Guideline For Monday

A sideways consolidation pattern for NQ on Friday. Following a strong selling day on Thursday, the sideways price action is setting up a fast a large decline on Monday, that is, if NQ can break below key support 15,700, we could see a real waterfall decline.

NQ would need to stay above 15,650 to prevent massive selling. Thus, NQ would need to stay above 15,70 to remain sideways or rally.