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
- 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.
Europe braces for Greek Vote.
