Tuesday, March 12, 2024

NQ Guideline For Wednesday

On Tuesday NQ opened with a huge gap-up. Then after dropping down to close the gao, NQ rallied all day into the close.

On Wednesday the rally should continue as long as NQ can stay above key support level, which for Wednesday is at 18,400.

Trading above 18,400 is bullish with the next resistance at 18,600. NQ is bearish below 18,400 with support at 18,300. If that is broken, the next lower support is at 18,100 then 18,000.