Wednesday, September 28, 2022

NQ Guideline For Thursday

The market rallied on Wednesday with many commentators attributing the bounce to the Bank of England pivoting back to quantitative easing in order to avoid complete financial collapses.

The British economy may be the first European countries to collapse, with many more to follow this winter.

NQ bounced off double-bottom support with oversold condition. and it could last for two to three days.

Key price level for NQ on Thursday will be at 11,525, bullish above it with first resistance at 11,770, and bearish below ti with first support at 11,380