Sunday, September 30, 2012

Trade Guideline For Monday (NQ)

Nasdaq traded sideways on Friday between support and resistance. For Monday key support is 2787 and key resistance is 2810.

A clear and sustained break out of the 2787-2810 trading range could trigger a strong trending move in the direction of the break. 
-- Below 2787, other supports levels are 2773, 2763, 2737.
-- Above 2810, other resistance levels are 2820, 2837, 2853