Monday, April 22, 2024

NQ Guideline For Tuesday

A consolidation day for NQ on Monday after a multiday down-trendjng moves. If the current high momentum down-trending move is still in progress NQ downtrend should resume on Tuesday with the next support at 16,700, a strong support zone.

Key intraday inflection price level is at 17,330, bullish above, with the next resistance at 17,620, and bearish below it, strong support at 16,700.