Thursday, March 7, 2024

NQ Guideline For Friday

A breakout rally day for NQ on Thursday with a gap-up open above Wednesday swing high. After a brief re-test of the breakout level (prior day high) NQ rallied all day until the very close where NQ tanked hard after the regular close.

NQ has rallied back up during overnight trading.

Key pric elevel for NQ on Friday will be at 18,335, bullish above, with the next upside target at 18,500 if NQ trend again on Friday.

Trading below 18,335 implies sideways consolidation, with first support at 18,100.