Sunday, May 11, 2025

NQ Guideline For Monday

The stock market has rallied sharply in overnight trading as the US is using the tariff meeting with China to push the stock market up, 

NQ is now trading at the lower resistance band 20,500-21,000. Without substantial result from the tariff talk the stock could sell-off hard. NQ would need to break above 21,000 to change the trend from down to up on the daily chart.

Key resistance for Nq on Monday will be at 20,500, bullish above and bearish below it.