Tuesday, August 23, 2022

NQ Guideline For Wednesday

On Tuesday NQ traded sideways above key support 12,850 and at the end of the day it looks ready to crash below it, and it could occur on Wednesday.

Key support is 12,850 and key resistance is 12,950. A sustained break out of the the 12,850-12,950 could cause a large trending move, especially if the break is to the downside.