Wednesday, September 7, 2022

NQ (Dec. 2022 Contract) Guideline For Thursday

The market rallied on Wednesday after seven down days and likely due to contract roll-over buying activities.

Key support for NQ is stil at 12,000 on the December 2022 contract. As long as NQ remains above 12,000 we could see continued rally or sideways action. Key resistance is at 15,540.

Intraday line-in-the-sand for NQ on Thursday will be at 12,225 on the December 2022 contract. Bullish above it and bearish below it.