Thursday, June 29, 2023

NQ Guideline For Friday

Another sideways trading pattern for NQ on Thursday. Ahead of the long 4th of July holiday weekend we could see a real strong rally if the shorts decide to cover. 

T so NQ would need to break clear above 14,130 and then above 15,200 which would have the potential to trigger short-covering.

Failure to do so could lead to another sideways day as Friday tends to have a sideways pattern.