- Middle range = 2540
- Support = 2520
- Resistance = 2560
Tuesday, May 22, 2012
Trading Guideline For Wednesday (NQ)
Rally continued in the morning but was reversed in the afternoon, then closed in the middle of the day range, forming a doji candlestick pattern on the daily chart. NQ needs to breakout and stay out of the range to trend again, and failure to breakout and stay out implies a choppy consolidation day.