Wednesday, December 21, 2022

NQ Guideline For Thursday

NQ rallied on Wednesday, the second rally day in a row. With major resistance zone not until 11,570-11,670, we could see more rally to come.

The next key resistance to break is at 11,400. If NQ can break above 11,400 we could see it continue to rally into the next major resistance zone, which is the 11,570-11,670 area.

Key support is at 11,220, and that support needs to hold for NQ to continue to rally higher into resistance.