Wednesday, June 8, 2022

NQ Guideline For Thursday

Another narrow-range choppy day for NQ on Wednesday. NQ has been stuck inside the range between 12,400 - 13,000 for the last eight day in a row. 

Without a catalyst NQ is going to continue to trade sideways inside the range. Once it breaks we could see a large and fast trending move out of the range.

Intraday inflection price level for NQ is at 12,680,  with first resistance at 12,800 and support at 12,450.