Wednesday, February 8, 2023

NQ Guideline For Thursday

On Wednesday NQ continued to trade inside the range between 12,50 support and 12,800 resistance, the range established by wild market price action on Tuesday.

On Thursday, NQ could either breakdown below support 12,500 and then continue lower to the next support at 12,300 or trade back up t retest the recent swing high 12,800.

Key price level for NQ on Thursday will be at 12,580 resistance, bullish above it, with the next resistannce at 12,800, and 12,500 support, bearish below it, with the next support at 12,300