Sunday, June 17, 2012

Trade Guideline For Monday In NQ

With the Greeks election over it should not surprise anyone if The fed and the ECB would be busy tonight and tomorrow with their market manipulation activities. Whether or not they will be successful in pushing the market up and whacking gold down, only time will tell.

Key level for NQ on Monday will be 2555.
  • Above 2555 is bullish with the next resistance at 2580, then 2600, 2620, 2640
  • Below 2555 implies NQ is going into consolidation/reversal down mode, targeting 2540 then 2530, 2500