Tuesday, June 3, 2025
NQ Guideline For Wednesday
Short-covering continues on Tuesday. NQ has now broken above strong resistance level at 21,550.
If NQ can stay above 21,550 we could see more shorts capitulating, which should then rocket NQ higher to the next string resistance at prior swing high, 22,420.
If , on the other hand NQ drop back down below 21,550 we could see a quick drop back down to 21,000 key support