Thursday, February 17, 2022

NQ Guideline For Friday

With large options expiration happening on Friday we could expect to see a choppy sideways type of day on Friday. 

There will be a lot of buying from options expiration activities. As long as there is not too much forced selling from margin call we could see a rally with key resistance at 14,400-14,500

Key support is 14,000 for NQ. and NQ needs to stay above 14,000. A break below 14,000 could cause heavy selling