Monday, November 21, 2022

NQ Guideline For Tuesday

A narrow-range trading pattern for NQ on Monday, with a slight bearish bias. It is likely setting up for a further decline perhaps to the next support level, 11,400

NQ or the general equity market may not make a major move until after the FOMC has released its policy statement. Even then, the market may not be making any major move until the Thanksgiving holiday on Thursday.

The stock market will close early on Wednesday , close on Thursday and close early on Friday.