Friday, October 17, 2025

NQ Guideline For Friday

NQ failed to stay above 25,000 after trading above it soon after the open on Thursday which is bearish setting up for a bearish Friday.

Overnight on Thursday night NQ has sold off hard. Without any major market-moving news in the morning on Friday NQ is set to sell-off. If so the enxt support is at 24,000. 

24,000 support may not hold. A break could cascade NQ down to the next support level, 22,300. NQ may not get there on Friday but it is possible.

When everything has sold-off on Thursday night, only gold is bullish.