Wednesday, April 9, 2025

NQ Guideline For Thursday

Massive intervention by either the US government entity or the Federal Reserve rocketed the stock market up om Wednesday. How long will it stay up here is anyone's guess, it could be just a one or two day rally, then tank again.

The financial system is ready to collapse as numerous bond arbitrage hedge funds and banks are on the very of collapsing, and may need to be bailed out, in the amount that is likely to be in excess of 2T dollars just the keep the financial system from total collapse. Bond yield a spiking up very sharply.

Key price level for NQ on Thursday will be at  19,400, bullish above it with the next resistance at 20,400, and bearish below it, support is again at 16,000-16,700.