Monday, June 17, 2024

NQ Guideline For Tuesday

A huge rally for NQ on Monday with end of day profit-taking decline. 

Usually after such a large trending day the market would need to consolidate the trending move and the probability of a consolidation day on Tuesday is high especially as the market will be close on Wednesday for the Juneteenth Holiday.

Key inflection price level on Tuesday will be at 20,180., bullish above with the next upside target at 20,350, and bearish below it with potential support at 20,050