Thursday, January 25, 2024

NQ Guideline For Friday

Another sideways trading action for NQ on Thursday as NQ continued to trade inside a trading zone between 17,500 and 17,800.

At the end of trading on Thursday NQ looks set to drop down to 17,500 support on Friday. If that breaks The next downside target for NQ is 17,000-17,150 support zone.

IF 17,500 holds we should see NQ bouncing back up

Key inflection price level for NQ on Friday will be at 17,650, bullish above it, bearish below it.