Tuesday, May 3, 2022

NQ Guideline For Tuesday

After making a lower low NQ finally rallied from oversold condition starting late afternoon as traders and investors took profit ahead of the FOMC policy announcement on Wednesday..

The market may remain volatile and non-trending as traders and investors took  may wait for the FOMC decision to take their trading and investment decision.

Key intraday line-in-the-sand for NQ will be at 13,060, bullish above, with resistances at 13,250 and 13,525, bearish below it with key support at Monday swing low, 12,708