Tuesday, September 10, 2024

NQ Guideline For Wednesday

Another rally day for NQ on Tuesday, the second consolidation day following a a large sell-off day last Friday.

Wednesday will be a key day, with NQ failure to break above key resistance level, previous low from September 4th and 5th, we could see aggressive selling around 18,850 price zone. 

As such, 18,850 will be key inflection price level for NQ on Wednesday, bullish above it with the next resistance at 19,300, bearish below it with the next downside target at 18,000-18,300.