Monday, April 11, 2011

Trade Guideline for Tuesday (NQ)

2310 = Key Support-Resistance Level for Tuesday, Bullish above, Bearish below
  • Above 2310, First upside target = 2330, then 2340.
  • Below 2310, First downside target = 2300, then 2285
On Monday, NQ closed right at the key resistance-support level. Where it opens and trade shortly after the open is key as to the direction of the morning trend.
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