Wednesday, February 9, 2022

NQ Guideline For Thursday

A very slow choppy short-covering up-trending day for NQ on Wednesday as the shorts were forced to cover. There is some more room for NQ to run-up before it starts to bump into strong overhead resistance at 15,150-15,200 zone.

With the inflation number to be releases on Thursday that can move market, where the market would trade after the release will be important.. Key inflection price zone for NQ on Thursday will be at 14,970, bullish above it with resistance at 15,150-15,200, bearish below it.with support at 14,820