Sunday, February 6, 2022

NQ Guideline For Monday

NQ traded sideways on Friday  with the close in the middle of the day range, a neutral close, and trading inside a trading range with support at 14,400 and resistance at 15,150.

NQ is now in between 14,500 support and 15,150 resistance. A break below support implies a move down to retest the recent low 13,700. A sustained break above 15,150 should take NQ up to 15,460 resistance.

Key intraday price inflection level for NQ on Monday will be at 14,670, bullish above with the next strong resistance at 15,150, and bearish below it, support is at with first support at 14,400