Tuesday, February 28, 2012

Trade Guideline for Thursday (NQ)

Stock market continued its slow uptrend on Tuesday with NQ closing just above its key inflection level (2625) for Wednesday.
  • Above 2625 implies the next upleg is in progress, target 2650.
  • Below 2625 implies it is in a pullback mode, target 2615 then 2605.
Greek protesters are now starting to turn against its German's financial occupiers, burning German flags, a very serious development indeed.