Monday, September 16, 2024

NQ Guideline For Tuesday (September Contract)

A narrow-range choppy day for the market on Monday as traders and investors wait for the FOMC announcement on Wednesday.

Tuesday could be the same choppy and narrow-range, as long as there is no unexpected market moving news.

For NQ, key support is at 19,280 and key resistance at 465 on the September contract. 

There is a 230 points different between December and September contract price, with December contract higher.