Monday, August 15, 2011
Trade Guideline for Tuesday (NQ)
Short-covering rally continued on Monday. For Tuesday I would expect short-covering rally to continue above 2200, and also as long as we continue to get a higher low on pullback.
Resistances up are 2250, 2275 and 2300. Price may have to rally up to any of those level before the market can tank again.
Resistances up are 2250, 2275 and 2300. Price may have to rally up to any of those level before the market can tank again.