Monday, December 25, 2023

NQ Guideline For Tuesday

Now that Christmas is over but most traders and investors are going to be out of the office until after the new year. As such we could continue to see low volume activities, and without any unexpected sell programs, the stock market should continue to go higher.

Technical pattern on the daily chart is looking very bullish, but the very overbought condition can cause sharp and unexpected selloff.

Intraday inflection price zone for NQ on Tuesday is at 16,990, bullish above it, bearish below it.