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.
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.