Wednesday, July 12, 2023

NQ Guideline For Thursday

After opening with a big gap up on Wednesday NQ trade sideways in a barrow trading range. NQ may need to consolidate for another day before breaking out to the upside.

Key price level would be at 15,475, bullish above it. If NQ should trade above it and continue to push higher, it may cause short-covering and cause a trending up day.

Trading below 15,475 is an indication NQ could drop back down to support, 15,275 area.