Tuesday, February 25, 2025
NQ Guideline For Wednesday
NQ sold off hard in the morning, dropping down to key support, 21,000 before bouncing to close near the middle of the day range.
After three consecutive heavy selling, down over 1,200 points in 3 days, and down to strong support level, the 21,000, prior swing high from July 2024 we could see one to three day o bounce, likely back up to 21,600 price level.
The key is, NQ must remains above 21,000 support level. A break below 21,000 could tank NQ down yo 20,000 price level in one to two days as the bulls get liquidated.