NQ needs a clear and sustained break below the lower trading range to get it to tank again. Until then, it may chop around inside the trading range.
Thursday, August 11, 2011
Trade Guideline for Friday (NQ)
Thursday was another consolidation day, with NQ remaining inside a wide trading range 2050 to 2150 area. with 2100 as key inflection point.
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NQ needs a clear and sustained break below the lower trading range to get it to tank again. Until then, it may chop around inside the trading range.
NQ needs a clear and sustained break below the lower trading range to get it to tank again. Until then, it may chop around inside the trading range.