Thursday, September 22, 2022

NQ Guideline For Friday

NQ continue to make a lower low on Thursday. It looks set to break below the June low by Friday or sometimes next week.

Key intraday balance price level for NQ on Friday will be at 11,500, bullish above with first resistance at 11,700 and bearish below it with first support at 11,400.

Key in mind that Fridays tend to be a choppy sideways type of days, a non-trending type of days trading between support and resistance. However, when it trends, it trends in a big way.