Wednesday, September 28, 2011

Trade Guideline for Thursday (NQ)

A failed attempt to break above prior day high led to a choppy downtrend on Wednesday, closing just above support for the day. 

For Thursday if NQ can stay above 2200-2210 support zone I will look for a re-test of Tuesday's swing high. A clear break below 2200 is bearish,  implies a re-test of the low 2145. 
Greece debt default continues to dominate the financial news.