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# NQ read: Oct 22, 2026 close (bias down)
- URL: https://www.daytraderincome.com/nq-read-2026-10-22/
- Published: 2026-10-22T22:32:35.000Z
- Updated: 2026-10-22T22:32:35.000Z
- Description: For Fri, Oct 23: leaning down. I’m wrong if a 30-minute bar closes above 29,771.25. Next level: 28,512.75. A read, not a trade.
- Author: Indy Karveli
- Tags: Session Close

## The session

NQ opened at 29,515.25, traded between 29,033.25 and 29,996.00, and settled at 29,142.00, down 865.00 points (2.88%) on the day. It broke yesterday’s low of 29,771.25 and stayed below it. It closed in the lower third of the day’s range.

## What it means

That’s a down read for Fri, Oct 23\. It stays down as long as price stays under 29,771.25 on 30-minute closes. The first level below is 28,512.75.

## What I’m watching

Closed near the low of the day, under last week’s low (29,268.75) and the value area low (29,193.50). Down while price stays under the line; the weekly key low at 28,350 is the bigger level below.

## The levels

NQ · Thu, Oct 22 close · 29,142.00

Bias for Fri, Oct 23**Down**

**Why:** Closed below yesterday’s low (29,771.25) and below today’s open (29,515.25). Closed in the lower third of today’s range (29,033.25 to 29,996.00).

The read is wrong if**a 30-minute bar closes above 29,771.25**Yesterday’s low · 629.25 points from the close

Next levels below**28,512.75**Same distance as the line

| Level                     | Price     | vs close |
| ------------------------- | --------- | -------- |
| Yesterday’s high          | 30,114.00 | +972.00  |
| Today’s high              | 29,996.00 | +854.00  |
| Yesterday’s low           | 29,771.25 | +629.25  |
| Close                     | 29,142.00 | —        |
| Today’s low               | 29,033.25 | −108.75  |
| Same distance as the line | 28,512.75 | −629.25  |

Last readMissA 30-minute close beyond the line came first.

A read, not a trade: no entries, no stops, nothing to buy or sell. A hit isn’t a winning trade. Most people who day trade lose money. Education only, not investment advice.