Thursday, May 19, 2022

NQ Guideline For Friday

A choppy sideways consolidation day for NQ on Thursday following a large down day on Wednesday. With Friday tendency to be choppy and sideways sideways type of day, we could see another choppy day on Friday, especially if it stays inside the range.

Choppy range on Friday will be from 11,850 - 12,125, key support is 11,850 and key resistance is 12,125

Breaking out of the range, especially below support, could cause massive decline, trending down day.