- Above 2370 implies the next leg up is in progress, targeting 2400.
- Below 2355 implies a larger correction is in progress, targeting a decline down to 2340 to re-test the breakout level. If that does not hold the enxt support below is 2325.
Tuesday, January 10, 2012
Trade Guideline For Wednesday (Nasdaq NQ)
Another bullish day, and another leg up on Tuesday with a close at support 2355-2360. Resistance for tomorrow is 2370.