Thursday, June 23, 2022

NQ Guideline For Friday

NQ remained inside its 7-day trading range on Thursday but has clearly broken above it in overnight trading. If NQ should open above 11,780 we could see short-covering rally. If so the next resistance is around 12,000.

Intraday line-in-the-sand tomorrow will be at 11,640, bullish above it, first resistance is 11,850 then 12,000.