Thursday, November 9, 2023

NQ Guideline For Friday

On Thursday NQ failed to break above 15,475 double-top resistance. As such double-top resistance sellers and profit-takers caused NQ trend down, resulted in a large down day for NQ on Thursday.

With Friday tendency to be a choppy sideways day we could see a sideways day for NQ on Friday if it can stay above 15,250 key intraday support level.

Breaking below support could cause more profit-taking activities that should push NQ lower down to 15,100 support.