Monday, October 3, 2022

NQ Guideline For Tuesday

A big rally day for NQ on Monday after breaking below June swing low on Friday. NQ failure to get two consecutive close below prior swing low is an indication that counter-trend buyers is going to be aggressive and could trigger a two to three short-covering rally days.

Key intraday support for NQ on Tuesday will be at 11,230, bullish above it and bearish below it.