Sunday, October 9, 2022

NQ Guideline For Monday

A huge down day for NQ on Friday as the bear market resumes. With NQ now in very oversold, a continued decline has the potential to cause a crash as many of those oversold buyers get liquidated.

Key intraday line-in-the-sand for NQ on Monday will be at 11,150, bullish above it with the first resistance at 11,350-11,400, and bearish below it.