Sunday, June 30, 2024

NQ Guideline For Monday

Friday was a wild trading day, with large and sharp rally early in the morning that was followed by a large decline for the rest of the day.

With most traders and investors on holidays for the Fourth of july holiday the low trading volume allows some large fund to move the market wildly.

The pattern could continue to dominate the market all this coming week as trading volume should continue to be low.

Key intra-day inflection price level for NQ on Monday will be at around 20,025, with first resistance at 20,165 and first support at 19,925.