Thursday, February 9, 2023

NQ Guideline For Friday

A large down day for NQ on Thursday with the low of the day approaching. key support zone between 12,300-12,300.

This is a very strong support zone where the current pullback decline should stop and then the rally resumes.

Should 12,200-12,300 support zone get clearly violated it would be very bearish, an indication the current counter-trend rally has ended, and that the downtrend has resumed. If so the decline could be very fast.