Wednesday, October 19, 2011

Trade Guideline for Thursday (NQ)

A down day Wednesday closing down at key support. European financial crisis continues to intensify.

For Thursday I will use 2310 as key Line-in-the-Sand.
  • More decline below 2310, targeting 2290 then 2265.
  • Bullish above 2310, targeting a rally up to 2335 then 2355.