Sunday, August 14, 2022

NQ Guideline For Monday

A narrow-range trend up day for NQ on Friday. At the end of the day NQ was in overbought zone on the 5-minute timeframe and may need to pullback down before rallying back up again. The upside target for the current rally is 14,000.

Key support on any intraday pullback on Monday will be at 13,430. If NQ can stay above 13,430 zone then NQ should continue to rally on Monday.