NQ Guideline For Monday

A huge 400+ points gap-down for NQ on Friday, which must have panicked the Trump administration who must have engineered a non-stop buy programs that noon and a 663 points rally from the low of the day.

The market then traded sideways spotting a bull flag pattern, setting up a potential massive wave C rally on Monday, If so, NQ would have to break above strong resistance at 25,4400 and rally all the way up to 25,900.

Failure to break clear anove 25,400 is going to cause a sideways choppy patter, with key support at 24,900.

Trading below 24,900 is very bearish

NQ Guideline For Friday

Perhaps the released of Epstein file involving President Trup might have spooked confidence in the market, as the market was bullish in the evening, but as the market approach the open the mood turned sour.

NQ opened just slightly above support, 25,350,  but then quickly dropped below and then sold off hard.

Friday could be interesting, a break below support, Thursday low could tank NQ hard, next support is at 24,600-24,700 area.

If NQ can stay above 25,000 we could see NQ rally back up to broken support now resistance at 25,350, then likely trade sideways from there.

NQ Guideline For Thursday

Another day of choppy sideways pattern for NQ on Wednesday, the third consecutive day as NQ remained stuck inside a choppy trading range between 25,350 support and 25,900 resistance.

As long as NQ remains inside the range between 25,350-25,900, we should continue to see choppy sideways pattern.

With the US government shutdown now over we should see bullish price action. A breakout above 25,900 is necessary to trigger short-covering rally.

NQ Guideline For Wednesday

NQ traded sideways on Monday and Tuesday as most traders and investors were out of the office for the Memorial Day holidays  It may be ready to trend again as market participants are mostly back in the office. If so, the market should breakout of the current trading range a trend again

Key price level for NQ on Wednesday will be at 25,900, a bullish breakout above it with the next resistance at double top, 26,400.

Support is at 25,350-25,400. Thousg not expected, a sustained break below would be bearisn and could cause a massive liquidation decline. Support levels are 25,400 and 25,750

NQ Guideline For Monday

A very large sideways trading range for NQ on Friday, with a large sell-off in the morning that was followed by a large rally in the afternoon.

With the financial market closed for Vetreans Day on Tuesday we could expect a choppy sideways trading pattern on Monday with inflection price zone around 25,400.

Resistance is at 25,800 and support at 25,000.

NQ Guideline For Friday

A large sell-off for the stock market on Thursday with NQ dropping below strong support at 25,400 and closing below 25,400, a bearish close.

On Friday we could get a technical oversold bounce and if it can break back above 25,400 w could see NQ rallying back up to 25,570 or higher.

Trading below Thursday low is bearish with the next support at 25,000.

NQ Guideline For Thursday

A snap-back rally, a bounce from strong support  on Wednesday stopped at resistance, prior swing low, and sold off hard at the end of the day, setting up a bearish close.

Key resistance for NQ on Thursday will be at around 25,870 - 25,890, bearish below it and bullish above it.

Strong support is still at around 25,400.

With a long weekend coming up we could see NQ remaining inside the 25,400 - 25,890 trading range into next week.

NQ Guideline For Wednesday

A very bearish day for the financial market on Tuesday with bitcoin,precious metals and stock selling off vry hard. NQ traded diwn to near ket support, 25,400, 20-ma on the daily chart and prior swing high, a formidable support.

However, overnight NQ has traded as long as  25,300, a violation of support. If this weakness continues into the open we could see massive selling.

Key inflection price level for NQ on Wednesday will be at 25,400, bullish above it, and very bearish below it.

NQ Guideline For Tuesday

The stock market was trading flat on Monday but has sold off hard after hours. NQ has trade down to as low as 400 points from Monday close. If this weakness continues into the open we could see a large sell-off on Tuesday.

Strong support for NQ is at 254,400. If this support does not hold we could see a massive sell-off . If it can hold, we could see sharp rally from it.

We shall see where it trades in the morning on Tuesday, with iflection price zone at 26,100, bullish above, bearish below it.

Sharp sell-off in crypto with bitcoin selling off very hard

NQ Guideline For Monday

Friday price  action was a normal Friday price pattern, a choppy sideways price action.

Monday could be interesting if NQ can trade out of the current range, either continue in the direction of the breakout or reverse after breaking out.

Key inflection price level for NQ on Monday will be at around 26,060, with key breakout resistance at 26,200, and key breakdown price level support at 25,850,