Monday, December 20, 2021

NQ Guideline For Tuesday

On Monday, after making a lower low below December 3rd low NQ bounced off support. The rally accelerated into the close on Monday, setting up a large gap-up opening on Tuesday that could rocket it to the next resistance level around 15,950.

NQ is already trading at around 15,800 at the moment. If NQ should open above 15,950 on Tuesday, it could quickly rocket up to the next resistance at 16.350.

Key inflection price level for NQ on Tuesday will be at 15,650, bearish below it.