Sunday, December 10, 2023

NQ Guideline (March 2024 Contract)

Another narrow range sideways action for NQ on Friday. Per the new contract key support is 16,250 and resistance is 16,350.

Zone between 16,000 and 16,350 are zone of choppy sideways trading action. NQ would need to clearly breakout of the zone to cause a trading day.

Expect noptrending sideways day until NQ can breakout of the 16,000-16,350