Thursday, March 31, 2022

NQ Guidelines For Friday

Another pullback day for NQ on Thursday. Unless NQ can break-back above March 29 swing high we could see a sharp selling coming soon, it could be on Friday or next week, resulting from false-breakout.

NQ trading back above March 29th swing high could trigger a fast short-covering rally.

With Friday tendency to be choppy sideways price action, there is a possibility that NQ may just trade sideways on Friday.

Strong support for NQ is between 14,260-14,360 price zone.