Sunday, October 30, 2022

NQ Guideline For Monday

On Friday NQ opened at support and then rally all day into the close. The high of the day was still below resistance 11,750, as such it is possible for NQ to either rally up to resistance right away before pulling back down to support, or NQ could first pullback down to support before rallying back up to resistance.

Key inflection price level for NQ on Monday will be at 11,570, bullish above bearish below it.

Next higher resistance is at 11,750, next lower support is at 11,400