Thursday, April 28, 2022

NQ Guideline For Friday

After trading sideways in the morning, NQ rallied very strongly from short-covering, but dropped sharply at the end of the day due to bad earning reports from several tech companies such as Amazon and Apple.

Where the market open on Friday is key, at the close 13,250 was support, which will be key line-in-the-sand on Friday.

Will NQ sell-off tomorrow on Friday ahead of the FOMC meeting next week? We just have to wait. Resistance is 13,500 support is 13,000.