- More choppy consolidation inside the range 2505-2555
- A sustained break out of the range could trigger a trending move in the direction of the break.
- A falsebreak would imply a reversal to test the opposite range.
Thursday, June 14, 2012
Trade Guideline For Friday (NQ)
Another consolidation day on Thursday. NQ has been inside the same trading range for six consecutive day, albeit contracting range, a setup for explosive trending move.
Key Resistance is 2555, Key Support is 2505. Trading range = 2505-2555
Europe braces for Greek Vote.