Sunday, July 9, 2023

NQ Guideline For Monday

NQ traded sideways on Friday as expected. On the daily chart, NQ is setup to drop lower likely on Monday. 

Intraday inflection price level for NQ on Monday will be at 15,250, bullish above it but bearish below it.

If NQ should trade below 15,250 we could see a fast drop down to the next major support level at 15.000 and likely down to 14,870 if 15,000 support does not hold.