Wednesday, May 10, 2023

NQ Guideline For Thursday

NQ finally broke above resistance 13,350, resistance that has been stopping previous attempts for for over a month.

Now that its been violated we could see some short-covering for the next several days as long as NQ remains above 13,350 resistance, now support.

Once the current breakout short-covering has ended, as most weak hand has exited, we should see NQ starts to trend back down.

Key support now is 13,350, and NQ is bullish above it