Tuesday, December 7, 2021

NQ Guideline For Wednesday

On Tuesday NQ opened with a huge gap-up and then trend up all day, closing at the day high and just below resistance at 16,350.

On Wednesday, key price level for NQ will be at 16,250 support and 16,350 resistance (16,250-16,350 trading range). 

A breakout of the 16,250-16,350 range could cause a fast move in the direction of the breakout. Above 16,350, the next upside resistance is at 16,450. Below 16,250, the next support is at 16,050