Wednesday, April 5, 2023

NQ Guideline For Thursday

On Wednesday, NQ sold off hard in the morning and then consolidated sideways in the afternoon. The afternoon pattern looks like a big bear flag (bearish pattern),. If so, it should sell-off again on Thursday with the next support at 12,877.

Key intraday line-in-the-sand for NQ on Thursday will be at 13,080, bullish above, with the next resistance at 13,150, and bearish below it.

Friday is easter, as such the market may get choppy