Monday, July 4, 2022

NQ Guideline For Tuesday

A sideways non-trending day for NQ on Friday last week. At the end of the day the short-term technical pattern for NQ is bullish and looks ready to rally on Tuesday.

However, for the rally to materialise, NQ would need to stay above 11,550, which will be key inflection price level for NQ on Tuesday. If so the next upside target for NQ is at 11,750

If NQ should trade back below 11,550, that is an indication NQ is bearish.h below 11,550.