- For Thursday, a sustained break above 2615 implies a potential fast move up to the next resistance zone 2635-2640.
- Below 2615 implies sideways consolidation with support at 2585-2595.
Wednesday, March 7, 2012
Trade Guideline for Thursday (NQ)
NQ opened with a gap-up on Wednesday and then rallied as expected up to resistance 2615 before pulling back down. It closed just below key resistance 2615.
Greek debt SWAP issue continues to be played out by the European politicians.