Sunday, November 20, 2022

NQ Guideline For Monday

NQ traded sideways in a narrow range trading pattern on Friday. Friday was the 3rd such choppy sideways day in a row. 

As such, NQ may be ready to trend again, the direction could be up or down, depending on where NQ would trade in relation to it inflection price zone, 11,700.

11,700 is key inflection price level, bullish above it and bearish below it, 11,400 support and 12,000-12,100 is resistance.