2/16 NQ weekly report
Resistance: Light Blue and Orange lines
Support: 13889, 13709 Gap not filled: All Yelle Zones
Thoughts: NQ is reaching higher as well in overnight futures and it broke the blue uptrend zone, which we may see IXIC holds above the blue line as a support. However, there are still resistance above from the light blue and orange lines. Due to indicators (eg. RSI), be careful for a reasonable pull back. However, it can be more like a higher low and higher low with small dips.
Support: 13889, 13709 Gap not filled: All Yelle Zones
Thoughts: NQ is reaching higher as well in overnight futures and it broke the blue uptrend zone, which we may see IXIC holds above the blue line as a support. However, there are still resistance above from the light blue and orange lines. Due to indicators (eg. RSI), be careful for a reasonable pull back. However, it can be more like a higher low and higher low with small dips.
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