- For Thursday, as long a it stays below broken support now resistance, 2745, NQ will be in a pullback/consolidation mode.
- A re-break back above 2745 implies the next upleg is in progress, targeting a break above Wednesday's swing high.
Wednesday, March 21, 2012
Trade Guideline for Thursday (NQ)
Profit-taking decline at the end of an up-trending day broke below key trend support level 2745.