Sunday, March 31, 2024

NQ Guideline For Monday

A very narrow range trading action for NQ on Friday as most investor were off for the long Easter weekend holidays.

The narrow range is setting up for a big potential move on Monday, the direction will depends on where it trades in relation to its key inflection price level, which for Monday is at 18,500, bullish above, bearish below it.

On the daily chart the pattern is showing a likely breakout to the upside. which target a break above 18,700 swing high.