Monday, January 9, 2023

NQ Guideline For Tuesday

On Monday NQ continued the rally that started on Friday but this time NQ reversed at lunch time and sold off the rest of the day, setting up a highly likely sideways consolidation day with key support at  11,080 and key resistance at 11,400

Should NQ break-back below 11,080 support it could trigger sharp selling with the next lower support at 10,860.