Trade Guideline For Thursday For NQ

As expected, below key level, NQ continued to consolidate on Wednesday, closing near key level for Thursday, 2535.

• Above 2535 implies NQ should continue to be on the bullish side, testing Tuesday swing high.
• Below 2535 implies it is still; in consolidation mode. 

European debt and credit crisis is going to continue to drag the markets down. European bank  run is going to continue to put downward pressure on the Euro and upward pressure on the US$.