Wednesday, February 22, 2023

NQ Guideline For Thursday

A sideways trading pattern for NQ on Wednesday with the low of the day dropping down towards strong support between 12,000 to 12,100..

It is likely NQ may bounce for 2 to 3 days from strong support. to confirmed the rally NQ would need to trade back above 12,200.

However, if NQ should drop down below 12,000 instead of bouncing, it will be an indication NQ is very bearish.