Tuesday, September 20, 2011

Trade Guideline For Wednesday (Nasdaq NQ)

FOMC decision will be released in the afternoon and could contain languages that can affect the market in a substantial way.

Key level for Wednesday is 2295.
  • Above 2295 is bullish targeting 2320, 2340 then 2370-2380.
  • Bearish below targeting a decline down to 2260, 2240 then 2200