Monday, January 2, 2023

NQ Guidline For Tuesday

Tuesday will be the first trading day of 2023. As such anything is possible. Many traders and investors and fund would be starting to reposition their portfolio for 2023.

On the daily timeframe, NQ hs been bouncing from double-bottom support plus oversold condition for the last two weeks, with key resistance at 11,086-11,100

Bullish above 11,100 and bearish below it.

On an intraday basis, key inflection price level for NQ on Tuesday will be at 10,950, bullish above it and bearish below it.