Sunday, July 14, 2024

NQ Guideline For Monday

 A wide-range consolidation pattern for NQ on Friday following a large sell-off day on Thursday.

With such a large downtrend on Thursday it could take more than a day to consolidate the large downtrend. If so we could see another sideways day on Monday.

However+, with such a massive selling on Thursday we could also see a trend down day again on Monday

Key intraday inflection price zone on Monday will be at 20,660, bullish above, bearish below it.