High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Wednesday, June 29, 2011
Trade Guideline for Thursday (NQ)
Wednesday was a sideways narrow-range consolidation day. Thursday may either be another consolidation day ahead of the long weekend holidays or a trending up/down day.
Key S/R level for Thursday's trading session is 2300.
Bullish short-covering day above 2300 level, targeting a move up to 2330-2340.
A consolidation or trending down day below 2300, targeting a decline down to 2270.