Monday, December 2, 2024

NQ Guideline For Monday

NQ remained below key resistance 21,000 as of Friday trading, setting up a very nice and clear trading zone, 21,000

21,000 will serve as key inflection price level on Monday, bullish above as the shorts would be forced to cover. If so, the upside target would be around 21,350-21,400 area.

Bearish below ir wityh the first downside target at 20,700.