Wednesday, March 8, 2023

NQ Guideline For Thursday

It was such a choppy and narrow trading range for NQ on Wednesday

NQ should have rallied in a big way because Wednesday was the 3rd pull-back down day after it bounce off strong support at 11,850 support zone.

NQ therefore needs to rally in a big way very soon if it is going to trend back up again. Failure to do so will start to attrach sellers that would then tank it hard.

Key intraday inflection price level for NQ on Thursday will be at 12,200, bullish above it and ebarish below it, 

Key resistance at 12,300.