Monday, June 26, 2023

NQ Guideline For Tuesday

A down day for NQ on Monday. The low of the day was at 14,850 support level. The next lower support is at 14,800

NQ may want to trade sideways on Tuesday. If so NQ should stay above 14,800 support and then rally above 14,925 inflection price level for Tuesday.

Trading below 14,800 is going to run over more trailing stop-loss and could cause a big drop down to lower support at 14,480 and then at 14,230.