Wednesday, February 2, 2022

NQ Guideline For Thursday

NQ traded sideways below strong resistance on Wednesday. However, after hours in globex session NQ have dropped over 300 points from the close.

If there is no bounce before the open, and if NQ sold off after the open, support level starts at 14,640, then 14,550, but strong support is not until 14,500, so there may be some buying coming in starting from 14,640 to 14,500.

The if 14,500 does not hold the decline we could see NQ retesting the recent lows between 13,700-14,000.