Tuesday, April 15, 2025

NQ Guideline For Wednesday

Tuesday was day six consolidation day six consolidation day following a massive three day decline to a low on Monday April 7th. As such we should see a resumption of the downtrend on day 7th on Wednesday.

Key support is now at 18,400. 

A sustained break below could trigger massive liquidation decline. Failure to break implies a bounce, or sideways action before a waterfall decline perhaps on Thursday ahead of the long Easter weekend.