Tuesday, October 24, 2023

NQ Guideline For Wednesday

 A sideways price action for NQ on Tuesday following a large reversal up-day on Monday.

At the end of the day on Tuesday NQ looks set to drop back down to retest recent support at 14,580. As long as that support level hold on a retest we could see NQ bouncing back up.

If on the other hand support is clearly broken we could se a big and quick decline down to lower support at 14,300.

Key inflection price level for NQ on Wednesday will be at 14,800