Thursday, February 20, 2025

NQ Guideline For Friday

Following a brief sharp drop for NQ in the morning, dropping down to support, NQ slowly rallied back in a very choppy pattern back up to resistance, looking like a bear flag to set up Friday sell-off back to Thursday low.

Key price level to watch on Friday will be at 22,150, bearish below it, an indication NQ is going back down to re-test Thursday low, and bullish above it, implies NQ is going to continue to rally back up to retest Wednesday swing high.

In any case, Fridays tends to be choppy sideways, and the pattern is setting up for a choppy Friday trading..