Tuesday, July 19, 2022

NQ Guideline For Wednesday

A trend up day for NQ on Tuesday. At the end of the day NQ was in overbought zone on the short term 5-minute time frame, and may need to pullback down before continuing its uptrend.

Key intraday support for NQ on Wednesday will be at 12,200. 

If NQ can stay above 12,200 on Wednesday the rally should continue, with the next resistance at 12,500 with the next higher resistance at 13,000. NQ could have