Monday, July 15, 2024

NQ Guideline For Tuesday

Another sideways consolidation trading pattern for NQ on Monday, the second consecutive consolidation day following a large down day on Thursday.

On Tuesday we could see another non-trending day, the location of the consolidation will depends on where it trades in relation to its key inflection price zone, for Tuesday that zone will be at 20,600.

Bullish above 20,600 with upside target above 20,800 to 20,900.

Bearish below 20,600, with first support between 20,270, to 20,370