Wednesday, July 6, 2011

Trade Guideline for Thursday (NQ)

Wednesday was a small range bullish day. Key level to watch for Thursday is 2365. 
  • Above 2365 NQ should continue to crawl upwards on short-covering. 
  • Below 2365 it may trigger some profit-taking by the bulls, may come down to 2330 - 2340 area.