Wednesday, February 1, 2023

NQ Guideline For Thursday

Now that the Fed decision on interest rate is out of the way and without surprising consensus expectation, the market can now resume its uptrend. For NQ the next upside target 13,000 before a pullback but it may take another 2 to 3 days to reach the target.

Key support for NQ for Thursday trading is now at 12,150, and as long as NQ does not break below it, the current uptrend should continue.